HK Stock Market Move | HUABAO INTL (00336) rose more than 5%, expecting a 15% to 35% decrease in pre-tax losses for the fiscal year 2025 compared to the previous year.

HUABAO INTL (00336) rose more than 5%, rising 4.57% as of press time to HK$5.03, with a trading volume of HK$115.304 million. On the announcement front, on January 29, HUABAO INTL released a statement forecasting a pre-tax loss ranging from RMB 2.63 billion to RMB 3.43 billion for the current year (ending December 31, 2025), including impairment charges on goodwill and other assets, compared to a pre-tax loss of about RMB 4.02 billion in the same period last year, with an expected reduction of about 15% to 35% in the loss. The pre-tax loss for the current year is mainly due to: stock-based compensation expenses at the company and its subsidiaries totaling about RMB 0.98 billion; and impairment losses on goodwill of Jiahao Food Co., Ltd. and its subsidiaries (Jiahao Food), a cash-generating unit under the company's seasoning segment, expected to range from RMB 4.7 billion to RMB 5.3 billion.