Zixin Group (SGX:42W) expects to have returned to a net profit for the six months ended Sept. 30, according to a filing with the Singapore Exchange on Thursday.
In the year-ago period, the sustainable food manufacturer booked a net loss of 3.4 million yuan.
The company now attributes its forecast to increased revenue driven by higher demand for its sweet potato seedlings, fresh sweet potatoes and sweet potato snacks.
The company will release its financial results on or before Nov. 14, the filing added.
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