Hengxin Technology (01085.HK) issued a profit warning, expecting a net loss attributable to shareholders of not less than approximately 68 million yuan in the middle term, which is a year-on-year shift from profit to loss.

Intelligent Financial App News, Hengxin Technology (01085.HK) announced that the company expects to incur a net loss attributable to equity shareholders of the company of not less than approximately 68 million yuan for the six months ending June 30, 2025, which has not been audited. In comparison, the company achieved an unaudited net profit attributable to equity shareholders of approximately 26.6 million yuan for the same period last year. At the same time, the unaudited operating profit for this reporting period is expected to decrease by about 50% to 60% compared to the unaudited operating profit of approximately 67.491 million yuan for the six months ending June 30, 2024, to between approximately 33.7455 million yuan and 26.9964 million yuan.