Xinda Investment Holdings (01281) has announced a positive profit forecast. The group expects to report a net profit attributable to company owners of approximately RMB 7 million to RMB 12 million for the fiscal year ending December 31, 2025. This represents a significant turnaround compared to the net loss of RMB 24.418 million recorded in the previous fiscal year ending December 31, 2024. According to the board's current assessment, the primary reason for the anticipated shift from loss to profit in 2025 is the recovery of financial assets for which impairment provisions were made in prior years, totaling approximately RMB 13.301 million. This recovery includes approximately RMB 8.968 million obtained through the transfer of investment properties, RMB 3.5 million recovered via cash settlement, and a reversal of approximately RMB 833,000 in previously recognized impairment losses on trade receivables. In contrast, during the same period last year, the group recorded a substantial combined impairment provision of approximately RMB 51.975 million for a power station asset and its associated receivables.
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