LABIXIAOXIN expects to report a profit warning, anticipating a post-tax profit of approximately HKD 2 million in the first half of the year, turning a loss into a profit year-on-year
According to the announcement from LABIXIAOXIN, it is expected that for the six months ending June 30, 2025, the group will achieve a profit after tax of approximately RMB 2 million, compared to a loss after tax of RMB 43.6 million for the same period in 2024. The increase in profit after tax is attributed to the advertising and promotional expenses incurred during the six months ending June 30, 2025, as well as a decrease in expected credit loss provisions compared to the same period in 2024
According to the announcement from LABIXIAOXIN (01262), it is expected that the group will achieve a post-tax profit of approximately RMB 2 million for the six months ending June 30, 2025, compared to a post-tax loss of RMB 43.6 million for the same period in 2024. The increase in post-tax profit is attributed to the advertising and promotional expenses incurred for the six months ending June 30, 2025, as well as a decrease in expected credit loss provisions compared to the same period in 2024
