Hengdeli Forecasts Swing to Profit in H1

MT Newswires Live
Aug 11

Hengdeli (HKG:3389) said it expects to return to profit in the first half of 2025, according to a Hong Kong bourse filing late Friday.

Shares of the retailer gained over 1% in recent trade on Monday.

The company expects to post 26.3 million yuan in attributable profit for the six months ended June 30, compared with a loss of 2.5 million yuan in the year-ago period.

Hengdeli's financial results are due later in August.

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