LIANHUA (00980) Issues Profit Alert, Anticipates Interim Earnings of RMB 25-55 Million
Stock News
Aug 01
LIANHUA (00980) announced that it expects to achieve profitability attributable to shareholders for the six months ending June 30, 2025, with anticipated earnings ranging from approximately RMB 25 million to RMB 55 million. This represents a significant turnaround from the net loss of approximately RMB 54.809 million attributable to company shareholders recorded for the six months ended June 30, 2024. The projected profitability is primarily attributed to the group's comprehensive strategic restructuring initiatives, gains realized from the disposal of subsidiary equity interests, and enhanced resource optimization measures that have effectively reduced operational losses.
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