HK Stock Market Move | RUIHE DATA (03680) rose more than 10% at the closing, performance will be announced next Friday, it is expected that the company will turn a loss into profit in the first half of the year.

RUIHE DATA (03680) rose more than 10% at the close of trading, up 10.95% at the time of publication to HK$2.33, with a trading volume of HK$10.912 million. On the news front, RUIHE DATA is set to hold a board meeting on August 22 (next Friday) to consider and approve its interim results. The company had previously announced a profit forecast, expecting to turnaround a loss of HK$36.04 million in the same period last year to a profit of HK$43 million to HK$44 million for the six months ending June 30, 2025, based on a preliminary review of the unaudited consolidated financial statements. The announcement stated that the company's main business during the period included data solutions, hardware and software sales, integrated services, information technology maintenance and support services, and commodity trading, all of which maintained stable operations. The two key factors contributing to RUIHE DATA's profit growth during the period were fair value gains from 15 million shares of TOKYO CHUO (01939) held by the company and cost reduction measures in research and development, administrative expenses, financing costs, and sales expenses, which significantly improved profitability.