Core Viewpoint - The company, 信恳智能 (01967.HK), expects a significant decline in net profit for the six months ending June 30, 2025, projecting a profit of no more than approximately RMB 3 million, compared to a net profit of about RMB 13 million for the same period in 2024 [1] Financial Performance - The company's net profit is anticipated to decrease primarily due to a reduction in revenue and gross profit, which fell by approximately 16.2% and 44.4% respectively [1] - The decline in gross profit is attributed to the loss of several client partnerships, as the company was unable to negotiate favorable sales prices with these clients [1] - Fixed costs remained unavoidable, contributing to the decrease in gross profit alongside the reduction in revenue [1]

Core Viewpoint - The company expects a significant decline in net profit for the six months ending June 30, 2025, compared to the same period in 2024, primarily due to reduced revenue and gross profit resulting from the termination of contracts with several clients [1] Financial Performance - The company's net profit for the six months ending June 30, 2024, is approximately RMB 13 million [1] - The projected net profit for the six months ending June 30, 2025, is expected to be no more than approximately RMB 3 million [1] - Revenue and gross profit are expected to decrease by approximately 16.2% and 44.4%, respectively [1] Operational Challenges - The decline in revenue and gross profit is attributed to the termination of cooperation with several clients [1] - The inability to reach favorable sales prices with these clients has contributed to the revenue drop [1] - Fixed costs remain unavoidable, leading to a further reduction in gross profit alongside the decrease in revenue [1]

Group 1 - The company, 易大宗 (01733), experienced an 8% decline in stock price, trading at 0.92 HKD with a transaction volume of 8.6292 million HKD [1] - The company issued a profit warning, expecting revenue for the six months ending June 30, 2025, to decrease year-on-year to approximately 11 billion to 13 billion HKD [1] - Net profit attributable to equity shareholders is projected to decline to between 120 million and 140 million HKD, remaining relatively stable compared to the second half of 2024 [1] Group 2 - The decline in revenue and gross margin is primarily attributed to a sluggish market in the first half of 2025, leading to a continuous drop in coking coal prices [1] - The trading volume for the first half of 2025 is expected to decrease by no more than 10% compared to the same period in 2024 [1] - Revenue from the supply chain integrated services segment is anticipated to decline by approximately 14% year-on-year due to falling market prices [1]

Core Viewpoint - 易大宗 (01733) issued a profit warning, expecting a significant decline in revenue and profit for the upcoming half-year period due to a sluggish market and falling prices of coking coal [1] Financial Performance - Revenue is projected to decrease to approximately HKD 11 billion to HKD 13 billion for the six months ending June 30, 2025, representing a year-on-year decline [1] - Profit attributable to equity shareholders is expected to range between HKD 120 million and HKD 140 million, remaining relatively stable compared to the second half of 2024 [1] Market Conditions - The decline in revenue and gross margin is primarily attributed to a weak market leading to a continuous drop in coking coal prices [1] - The trading volume for the first half of 2025 is expected to decrease by no more than 10% compared to the same period in 2024 [1] - Revenue from the supply chain comprehensive service segment is anticipated to decline by approximately 14% year-on-year due to falling market prices [1]

乐思集团(02540)发布公告，预期本集团截至2025年6月30日止6个月的纯利，将较2024年同期的纯利约 人民币2860万元减少约人民币1600万元至人民币1900万元不等。回顾期内纯利减少乃主要由于：毛利减 少约人民币980万元，而此乃主要由于媒体伙伴的返点政策改变，导致其返点率减少所致;扩充销售及营 销部门，以致雇员福利开支增加，进而使销售及营销开支上升;及本公司位于北京星地中心的新办公室 的折旧增加，以及营运人员增加导致雇员福利开支上升，从而使一般及行政开支增加。 ...

Core Viewpoint - The company Jin Sang Zi (06896) issued a profit warning, leading to a significant drop of over 23% in its stock price, currently trading at 3.79 HKD with a trading volume of 5.3713 million HKD [1] Financial Performance - The company anticipates a profit decrease of approximately 37% for the six months ending June 30, 2025, compared to the same period in 2024 [1] - The decline in profit is attributed to changes in industry conditions and adjustments in the company's product marketing strategy [1] Sales and Marketing Impact - The adjustments in marketing strategy have resulted in reduced purchases from customers and distributors for the first half of 2025, leading to a decline in both sales and profit [1]

Core Viewpoint - Conli International Holdings (06890) anticipates a significant decline in net profit for the six months ending June 30, 2025, projecting no more than RMB 12 million, compared to approximately RMB 62.228 million for the same period ending June 30, 2024 [1] Summary by Relevant Categories - **Profit Forecast** - The company expects net profit for the upcoming six-month period to be no more than RMB 12 million [1] - This represents a substantial decrease from the previous year's net profit of approximately RMB 62.228 million [1] - **Reasons for Decline** - The board attributes the expected decline in profit primarily to: 1. A decrease in both product sales and prices during the period [1] 2. A compression in gross profit margin due to a decline in production volume, which has led to an increase in average comprehensive production costs [1]

Core Viewpoint - Huayou Energy (01251.HK) expects to report a loss attributable to equity holders of approximately RMB 40 million to RMB 60 million for the six months ending June 30, 2025, which is an improvement compared to a loss of RMB 62.7 million in the same period last year [1] Financial Performance - The company's market capitalization is HKD 485 million, ranking 3rd in the Oil Extraction II industry [1] - Revenue for Huayou Energy is projected at RMB 1.873 billion, while the industry average is RMB 42.1743 billion, also ranking 3rd [1] - The company's debt ratio stands at 60.04%, compared to the industry average of 77.47%, ranking 5th [1] Industry Comparison - Huayou Energy's return on equity (ROE) is not specified, while the industry average is -30.58% [1] - The company's net profit margin is not specified, with the industry average at -65.32% [1] - The gross profit margin for Huayou Energy is reported at 23.7% [1]

Group 1 - The company, Rongda Technology (09881), expects to incur a net loss of no more than RMB 7 million for the six months ending June 30, 2025, compared to a net profit of approximately RMB 14.4 million for the six months ending June 30, 2024 [1] - The anticipated loss is primarily attributed to increased general and administrative expenses, non-recurring listing expenses due to the company's shares being listed on the Stock Exchange in June 2025, slower project approval processes from some clients, and increased R&D expenditures [1] - Excluding the impact of non-recurring listing expenses, the company's expected net profit for the current period will be no less than RMB 9.5 million [1] Group 2 - The board believes that the company will continue to develop projects with reputable clients and strive to operate the business while securing sales orders for the fiscal year ending December 31, 2025 [1]

Core Viewpoint - Rongda Technology (09881) anticipates a net loss of no more than RMB 7 million for the six months ending June 30, 2025, compared to a net profit of approximately RMB 14.4 million for the six months ending June 30, 2024 [1] Financial Performance - The expected loss for the upcoming period is primarily attributed to increased general and administrative expenses, non-recurring listing expenses due to the company's shares being listed on the Hong Kong Stock Exchange in June 2025, slower project approval processes from certain clients, and increased R&D expenditures [1] - Excluding the impact of non-recurring listing expenses, the group's net profit for the period is expected to be no less than RMB 9.5 million [1] Future Outlook - The board believes that the group will continue to develop projects with reputable clients and strive to operate the business while securing sales orders for the fiscal year ending December 31, 2025 [1]