HANVEY GROUP (08219) announced that the group expects to achieve profit attributable to owners of the company of no less than approximately HK$500,000 for the six months ending June 30, 2025, compared to a loss attributable to owners of approximately HK$8.97 million for the six months ending June 30, 2024. The board of directors believes that the significant improvement in the group's financial performance is mainly attributable to, among other things, proceeds from the disposal of a Chinese subsidiary in June 2025, and the reduction in interest expenses following the repayment of the group's bank borrowings.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments