CHINA HONGGUANG (08646) announced a profitable outlook, with an expected significant increase of over 150% in net profits for the year 2025 compared to the previous year.

19:54 27/03/2026

China Hongguang (08646) announced that the Group is expected to achieve a significant increase in net profit for the year ending December 31, 2025, compared to the year ending December 31, 2024, by more than 150%. The increase in net profit for this year is mainly due to: the rise in gross profit margin; and a significant decrease in general and administrative expenses, primarily attributed to the recovery of long overdue receivables for the year, resulting in the reversal of impairment losses recognized in past years on trade and other receivables.

CHINA HONGGUANG (08646) announced that the group expects a significant increase of over 150% in its net profit for the year ending December 31, 2025 compared to the year ending December 31, 2024. The growth in net profit for this year is mainly attributed to the increase in gross profit margin, as well as a significant decrease in general and administrative expenses. The decrease in expenses is primarily due to the collection of long overdue receivables this year, leading to the reversal of impairment losses recognized on trade and other receivables in the past.

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