Labixiaoxin Snacks Group Limited Forecasts Turnaround with RMB2 Million Profit for First Half of 2025

Reuters
2025.08.04 09:44
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Labixiaoxin Snacks Group Limited forecasts a profit of approximately RMB2 million for the first half of 2025, a significant turnaround from a loss of RMB43.6 million in the same period of 2024. This improvement is attributed to reduced advertising and promotion expenses, as well as allowances for expected credit losses. The final interim results are expected by August 31, 2025. Shareholders and potential investors are advised to exercise caution regarding the company's shares.

Labixiaoxin Snacks Group Limited has issued a positive profit alert, forecasting a significant financial turnaround for the first half of 2025. The company expects to report a profit after tax of approximately RMB2.0 million for the six months ending June 30, 2025. This marks a substantial improvement from the loss after tax of RMB43.6 million recorded during the same period in 2024. The company attributes this positive shift primarily to reduced advertising, promotion expenses, and allowances for expected credit losses incurred in the current period. Labixiaoxin’s management has based these projections on a preliminary assessment of unaudited management accounts. The final interim results are anticipated to be published by August 31, 2025. Shareholders and potential investors are advised to exercise caution when dealing with the company’s shares. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Labixiaoxin Snacks Group Limited published the original content used to generate this news brief on August 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here