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.