Core Viewpoint - Tongda Group (00698) has announced a positive earnings forecast, expecting a profit attributable to shareholders between approximately HKD 115 million and HKD 125 million for the fiscal year ending December 31, 2025, following a significant loss of approximately HKD 3.942 billion in 2024 [1] Financial Performance - The company anticipates a turnaround from a loss in 2024 to profitability in 2025, primarily due to a reduction in one-time non-cash asset impairment provisions [1] - In 2024, the company recorded a one-time impairment provision of approximately HKD 2.35 billion for its non-cash assets, which is expected to not recur in the following fiscal year [1] - The overall gross margin is projected to improve significantly from a gross loss margin of 5.9% in 2024 to an expected gross margin of approximately 15.5% to 16.5% in the upcoming fiscal year [1] Operational Efficiency - The company has optimized its operating expenses and research and development costs, contributing to the anticipated improvement in financial performance [1]
港股异动 | 通达集团(00698)涨超7% 预计去年扭亏为盈最多赚1.25亿港元