Core Viewpoint - The company expects a significant turnaround in profitability, projecting a profit of no less than RMB 900 million for the first half of 2025, compared to a loss of approximately RMB 1.028 billion in the same period of 2024 [1] Financial Performance - The turnaround from loss to profit is primarily attributed to the issuance of mandatory convertible bonds to redeem the company's USD-denominated senior notes maturing in 2029, resulting in approximately RMB 1.4 billion in debt restructuring income (around HKD 1.5 billion) [1] - The company also reported a reduction in selling, administrative, and financing expenses by approximately RMB 87 million (around HKD 93.1 million) compared to the previous period, due to continuous improvements in operational and management standards [1]
粤港湾控股发盈喜 预期上半年公司权益股东应占利润不少于9亿元 同比扭亏为盈