Huabao International Holdings Anticipates Up to 124% Surge in Profit Before Tax for H1 2025

Reuters
Jul 18
Huabao International Holdings Anticipates Up to 124% Surge in Profit Before Tax for H1 2025

Huabao International Holdings Limited has issued a profit alert indicating a significant increase in its expected profit before tax for the first half of 2025. The company anticipates a profit ranging from RMB151.2 million to RMB177.2 million, marking an increase of approximately 91.3% to 124.3% compared to RMB79.0 million in the same period of the previous year. This surge in profit is largely attributable to the recognition of certain financial factors, although specifics were not disclosed. The announcement is based on a preliminary review of the Group's unaudited consolidated management accounts, and the final figures will be confirmed in the interim results announcement expected by the end of August 2025. Shareholders and the public are advised to exercise caution when trading shares of the company and seek professional advice if needed.

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