Group 1 - The company, Chang'an Renheng (08139), expects to report a loss of approximately RMB 3 million for the six months ending June 30, 2025, compared to a profit of about RMB 2.8 million for the same period in 2024 [1] - The anticipated loss is primarily attributed to a decline in gross profit margin during the current period compared to the previous period [1] - The increase in raw material and energy costs is identified as a key factor contributing to the lower gross profit margin [1] Group 2 - Additionally, the company has experienced an increase in distribution expenses, which has led to higher sales costs for the current period [1]

Group 1 - The company, Crown City Watch and Jewelry (00256), anticipates a loss of approximately 40 million HKD for the six months ending June 30, 2025, compared to a profit of about 7.024 million HKD for the six months ending June 30, 2024 [1] - The board attributes the anticipated loss primarily to weak demand for non-essential goods during challenging economic conditions, with around 30 million HKD of the loss being attributed to fixed asset depreciation, which is a non-cash item [1]

Core Viewpoint - Hu Tao Capital (00905) expects a significant increase in attributable losses for the six months ending June 30, 2025, projected to rise by approximately 40% to 50% compared to the previous year's attributable loss of HKD 18.7 million [1] Group 1 - The increase in losses is primarily attributed to (i) impairment losses recognized on cryptocurrencies and (ii) an increase in administrative and other operating expenses [1] - The losses are partially offset by a decrease in losses from fair value changes of financial assets accounted for at fair value through profit or loss [1]

Core Viewpoint - Huijing Holdings (09968) expects a total loss of approximately RMB 602 million for the six months ending June 30, 2025, compared to a total loss of approximately RMB 335 million for the period ending December 31, 2024 [1] Financial Performance - The anticipated increase in total loss is primarily due to a net loss of approximately RMB 241 million for the current period [1] - The gross profit margin decreased from 26% for the year ending December 31, 2024, to 13.8% for the current period, attributed to changes in product and regional mix of properties delivered in 2025 and lower average selling prices of delivered properties [1] - Other expenses for the current period are approximately RMB 77.3 million, including foreign exchange losses of approximately RMB 32.5 million [1] - Financial costs for the current period are approximately RMB 134 million, which includes interest on bank and other borrowings (both overdue and current) of approximately RMB 76.9 million and overdue interest on senior notes of approximately RMB 57.4 million [1] - Income tax expenses for the current period are approximately RMB 30.8 million, including deferred tax related to land appreciation tax provisions of approximately RMB 25 million [1]

Core Viewpoint - China Wantong Garden (06966.HK) anticipates a significant shift from a profit of approximately RMB 7.28 million for the six months ending June 30, 2024, to a projected loss of between RMB 9 million to RMB 10 million for the six months ending June 30, 2025 [1] Financial Performance - The expected loss is primarily attributed to a decline in cemetery sales prices due to macroeconomic factors and cautious consumer spending, alongside a decrease in demand for funeral services, leading to reduced sales revenue [1] - The company’s subsidiary is facing increased tax costs due to tax-related issues, including additional VAT and surcharges paid following notifications from tax authorities regarding past periods [1] - There is also a decline in the fair value of financial assets held at fair value through profit or loss [1]

Core Viewpoint - Hengxin Technology (01085) anticipates a significant net loss attributable to equity shareholders of approximately RMB 68 million for the six months ending June 30, 2025, compared to a net profit of RMB 26.6 million in the same period last year [1] Financial Performance - The company expects its unaudited operating profit to decline by approximately 50% to 60% compared to the six months ending June 30, 2024, projecting an operating profit between RMB 33.74 million and RMB 26.99 million [1] - The decrease in operating profit is attributed to a decline in revenue and a decrease in the group's gross profit margin compared to the same period last year [1] Cost Factors - The anticipated net loss is also influenced by increased interest expenses and income tax during the reporting period compared to the previous year [1]

Group 1 - The company expects a significant decrease in profit attributable to shareholders for the six months ending June 30, 2025, with an estimated reduction of up to 80% compared to the same period in 2024, translating to a profit of approximately RMB 33.9 million [1] - The anticipated decline in profit is primarily attributed to the adverse effects of a sluggish macroeconomic environment and market sentiment, which have negatively impacted automotive sales revenue [1] - This decrease in automotive sales revenue has further led to a decline in both gross profit and gross profit margin during the period [1]

智通财经APP讯，瑞昌国际控股(01334)发布公告，集团预计截至2025年6月30日止6个月(本期间)取得亏 损净额约人民币 3800万元，而截至2024年6月30日止6个月则取得纯利约人民币1150万元。 预计本期间取得亏损净额乃主要由于集团的产品销售额减少导致集团于本期间的总收入及毛利减少，此 乃主要归因于相关客户暂时搁置若干材料销售订单;市场竞争日趋激烈导致毛利率下降;及销售、研发及 行政开支增加。 ...

Group 1 - The company, Great China Holdings, expects to incur a loss of approximately HKD 42 million to HKD 44 million in the first half of 2025, compared to a profit of HKD 8.12 million in the same period last year [1] - The anticipated loss is primarily attributed to a foreign exchange loss of about HKD 27 million during the period, in contrast to a foreign exchange gain of approximately HKD 19.39 million in the previous year [1]

Group 1 - The company, Hailong Holdings (01623), announced an expected net loss of approximately RMB 310 million to RMB 340 million for the six months ending June 30, 2025, compared to a profit of about RMB 46.6 million for the six months ending June 30, 2024 [1] - The shift from profit to loss is primarily attributed to the remeasurement of a vessel classified as held for sale, which incurred losses [1] - Aside from the aforementioned factors, the company's business operations remain stable and have not been significantly affected [1]