HL CORP: Expected net profit loss of RMB 9.5 million to RMB 19 million in the first half of 2025

HL CORP announced that it expects a net loss attributable to the shareholders of the listed company of HKD 9.5 million to HKD 19 million for the period from January 1, 2025, to June 30, 2025, compared to a profit of HKD 6.528 million in the same period last year. The net profit after deducting non-recurring gains and losses is expected to be a loss of HKD 14.5 million to HKD 24 million, compared to a profit of HKD 3.8758 million in the same period last year. The basic earnings per share are expected to be a loss of HKD 0.026 to HKD 0.052 per share, compared to a profit of HKD 0.018 per share in the same period last year. The decline in performance is mainly due to market changes affecting customer demand fluctuations, resulting in the company's revenue not meeting expectations, a decline in gross profit during the reporting period, and the company's operating profit failing to cover the period expenses, leading to a loss in profit