---
title: "Market Insight | HUABAO INTL drops nearly 5%, expected mid-term pre-tax profit to decline by about 59% to 75% year-on-year"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/210719333.md"
description: "HUABAO INTL fell nearly 5%, as of the time of publication, it dropped by 4.76% to HKD 2.2, with a turnover of HKD 3.2213 million. On the news front, HUABAO INTL issued a profit warning, expecting a pre-tax profit of approximately RMB 72 million to RMB 117 million as of June 30, 2024, a year-on-year decrease of about 59% to 75%. This is mainly due to the impact of non-cash impairment provisions for goodwill and other assets recognized during the period"
datetime: "2024-08-05T07:29:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/210719333.md)
  - [en](https://longbridge.com/en/news/210719333.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/210719333.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/210719333.md) | [繁體中文](https://longbridge.com/zh-HK/news/210719333.md)


# Market Insight | HUABAO INTL drops nearly 5%, expected mid-term pre-tax profit to decline by about 59% to 75% year-on-year

According to the information from the Wise Finance APP, Huabao International (00336) fell by nearly 5%, as of the time of publication, it dropped by 4.76% to HKD 2.2, with a turnover of HKD 3.2213 million.

On the news front, Huabao International issued a profit warning, expecting a pre-tax profit of approximately RMB 72 million to RMB 117 million for the period ending June 30, 2024, a year-on-year decrease of about 59% to 75%. This is mainly due to the impact of non-cash impairment provisions for goodwill and other assets recognized during the period, as well as other provisions

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- [HUABAO INTL (00336.HK)](https://longbridge.com/zh-CN/quote/00336.HK.md)

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