Moody Technology (HKG:1400) expects an attributable profit of between 230 million yuan and 250 million yuan for the year 2025, compared with an attributable loss of 88.4 million yuan a year prior, according to a Wednesday Hong Kong bourse filing.
Shares of the fabric and yarn maker were up nearly 6% in Thursday afternoon trading.
The firm attributed the forecast to a profit from a discontinued operation, comprising a gain on the disposal of subsidiaries.
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