Ruihe Data Technology (HKG:3680) expects an attributable profit of between 43 million yuan and 44 million yuan in the first half of 2025, compared with an attributable loss of 36 million yuan a year prior, a Thursday Hong Kong bourse filing said.
The auctioneering company attributed the turnaround to a fair value gain from financial investments, including its holding of 15 million shares in Tokyo Chuo Auction (HKG:1939), as well as lower R&D, administrative, financing, and selling expenses.
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