Core Viewpoint - Rongyang Industrial (02078) is expected to report a loss of approximately HKD 26.6 million in the first half of 2025, following a profit of about HKD 5.9 million in the first half of 2024 [1] Financial Performance - Revenue is projected to decline from approximately HKD 433.9 million in the first half of 2024 to HKD 242.8 million in the first half of 2025 [1] - Gross margin is expected to decrease from around 17.2% in the first half of 2024 to approximately 11.8% in the first half of 2025 [1] Contributing Factors - The shift from profit to loss is attributed to ongoing geopolitical tensions, changing trade policies, and a slower-than-expected economic recovery in several key markets, which have negatively impacted customer sentiment and order volume [1] - The decline in order volume has limited cost absorption and increased production costs, further affecting profitability [1]
荣阳实业发盈警 预期上半年亏损约2660万港元 同比盈转亏