Hengda Group Holdings (03616.HK) announces profits, expecting mid-term net profit to be between 1 million to 5 million yuan, turning losses into profits year-on-year.

Zhitoon Finance APP News, Hengda Group Holdings (03616.HK) announced that the board of directors expects to achieve a revenue of approximately RMB 1.5 billion to RMB 1.6 billion in the six months ending June 30, 2025, compared to a revenue of RMB 1.468 billion in the six months ending June 30, 2024, representing an increase of approximately 2.2% to 9.0%; and the board of directors expects to achieve a net profit estimate of RMB 1 million to RMB 5 million in the six months ending June 30, 2025, compared to a net loss of RMB 36.1 million in the six months ending June 30, 2024.