-+ 0.00%
-+ 0.00%
-+ 0.00%
Hehong Service (06093) expects profit attributable to shareholders in the medium term to be about 4.6 million yuan to 8.6 million yuan
Share
Listen to the news

Zhitong Finance App News, Hehong Service (06093) announced that the Group's net profit after tax and profit attributable to company shareholders for the six months ending June 30, 2026 will be between approximately RMB 8.5 million to approximately RMB 15.9 million and approximately RMB 4.6 million to approximately RMB 4.6 million, respectively, while net profit after tax for the first half of fiscal year 2025 and profit attributable to the company's shareholders will be approximately RMB 14.1 million and approximately RMB 3 million respectively. The increase in group profit attributable to the company's shareholders is mainly due to the combined effects of (1) there was no one-time loss from the sale of 51% of the shares of Jiangsu Shenhua Times Property Group Co., Ltd. (a limited company established under Chinese law) in the first half of FY2025; (2) an increase in credit impairment provisions for trade and other receivables in the first half of FY2026; (3) a reduction in administrative expenses in the first half of FY2026 due to the Group's implementation of cost control measures.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending