Core Viewpoint - JS Global Life (01691) reported a significant decline in stock price, dropping over 8% following the release of its interim results for the six months ending June 30, 2025, which showed a shift from profit to loss [1] Financial Performance - The company reported revenue of $774 million, an increase of 4.19% year-on-year [1] - Shareholder loss amounted to $59.24 million, compared to a profit of $21.79 million in the same period last year, indicating a significant turnaround from profit to loss [1] - Basic loss per share was recorded at 1.7 cents [1] Gross Profit and Margins - Gross profit for the period was approximately $248.5 million, a slight increase from $245.8 million in the previous year, reflecting a year-on-year growth of about 1.1% [1] - The gross margin for the reporting period was 32.1%, down 1.0 percentage points from 33.1% for the six months ending June 30, 2024 [1] - Excluding related party transactions, gross profit from sales to third-party customers was approximately $241.6 million, up about 12.5% from $214.7 million in the previous year [1] Third-Party Sales Performance - The gross margin for sales to third-party customers was 33.5%, a decrease of 1.7 percentage points from 35.2% in the same period last year [1] - The decline in gross margin was primarily attributed to price reductions on older models in the Joyoung division and a decrease in the gross margin for the SharkNinja Asia-Pacific division, influenced by increased shipping costs, changes in market mix, and strategic discounts implemented in core markets [1]

Core Viewpoint - Shen Guan Holdings (00829) reported a decline in revenue and a shift from profit to loss in its interim results for 2025, primarily due to weakened consumer confidence affecting the demand for meat and related products [1] Financial Performance - Revenue for the period was 444 million RMB, representing a year-on-year decrease of 1.87% [1] - The company recorded a loss attributable to shareholders of 40.586 million RMB, compared to a profit of 8.231 million RMB in the same period last year, indicating a significant shift from profit to loss [1] - Basic loss per share was 1.26 cents [1] Market Conditions - The announcement highlighted that insufficient consumer confidence led to reduced market demand for meat and its products, which adversely impacted the company's sales performance [1]

Group 1 - The company, Crown Holdings (01872), expects to incur a loss of approximately 1.9 million Singapore dollars in the first half of 2025, compared to a profit of about 0.7 million Singapore dollars in the same period of 2024 [1] - The shift from profit to loss is primarily attributed to an increase in sales and distribution expenses, along with higher general and administrative expenses [1]

Core Viewpoint - Huajin International Holdings (02738) anticipates a significant decline in revenue and an increase in losses for the first half of 2025 compared to the previous year [1] Revenue Forecast - The company expects revenue to be approximately 720 million to 780 million yuan, representing a year-on-year decrease of about 75.7% to 77.5% [1] Loss Projection - The anticipated loss attributable to shareholders is expected to be around 490 million to 530 million yuan, compared to a profit of approximately 16.9 million yuan in the same period of 2024 [1] Reasons for Decline - The board attributes the revenue decline and resulting losses to several factors: - Weak market demand and intensified competition, with both domestic and external pressures [1] - Impact of trade environment and tariff policies [1] - Rising pressure from raw material costs [1] - Low capacity utilization leading to increased unit processing costs [1]

Core Viewpoint - The company expects to report a net loss attributable to shareholders of approximately RMB 40 million to 60 million in the first half of 2025, a significant decline from a net profit of approximately RMB 405,000 in the same period of 2024 [1] Group 1: Financial Performance - The anticipated shift from profit to loss is primarily due to intense competition in the compatible printer consumables chip industry, leading to a substantial decrease in gross margin for this business segment [1] - The company has increased sales and distribution expenses due to enhanced marketing activities aimed at developing new businesses such as IoT chips and online sales [1] Group 2: Operational Challenges - The change of headquarters in the People's Republic of China and the write-off of raw material costs have contributed to an increase in administrative expenses [1] - The company has incurred net operating losses during the period, resulting in a significant increase in asset impairment provisions [1]

Core Viewpoint - The company expects to report a net loss attributable to shareholders of approximately RMB 40 million to RMB 60 million in the first half of 2025, a significant decline from a net profit of approximately RMB 405,000 in the same period of 2024 [1] Summary by Relevant Categories Financial Performance - The anticipated shift from profit to loss is primarily attributed to intense competition in the compatible printer consumables chip industry, leading to a substantial decline in gross margin for this business segment [1] - The increase in sales and distribution expenses is a result of enhanced marketing activities aimed at developing new business areas such as IoT chips and online sales [1] - Administrative expenses have risen due to the relocation of the company's headquarters in the People's Republic of China and the write-off of raw material costs [1] - The company has incurred net operating losses during the period, resulting in a significant increase in asset impairment provisions [1]

Core Viewpoint - The company anticipates a loss of approximately HKD 42 million to HKD 44 million in the first half of 2025, a significant decline from a profit of HKD 8.12 million in the same period last year [1] Financial Performance - The expected 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 same period last year [1]

Core Viewpoint - Yuxing Technology (08005) reported a significant decline in revenue and a shift from profit to loss in its interim results for the six months ending June 30, 2025, primarily due to reduced rental income and declining sales orders in the information appliance business [1] Financial Performance - The company achieved revenue of HKD 44.974 million, representing a year-on-year decrease of 62.75% [1] - The loss attributable to shareholders was HKD 29.992 million, compared to a profit of HKD 53.157 million in the same period last year [1] - Earnings per share showed a loss of HKD 0.0121 [1] Gross Profit Analysis - Gross profit fell by 56.1% to HKD 16.5 million, down from HKD 37.7 million for the same period in 2024 [1] - The decline in gross profit is attributed to decreased rental income from the US IDC and an overall drop in sales orders for the information appliance business [1]

Core Viewpoint - Macro Medical Management (09906) anticipates a net loss attributable to shareholders not exceeding RMB 2 million for the six months ending June 30, 2025, compared to a net profit of approximately RMB 20 million for the six months ending June 30, 2024 [1] Group 1 - The expected shift from profit to loss is primarily due to a decrease in demand for inpatient medical services, leading to reduced revenue [1] - The actual settlement rate from the public medical insurance plan for the fiscal year 2024, completed in May 2025, was lower than the estimated settlement rate used in the consolidated financial statements for the year ending December 31, 2024, resulting in decreased inpatient service revenue [1] - The company further adjusted the estimated settlement rate for inpatient service revenue covered by the plan for the first half of 2025 downward due to the aforementioned discrepancies [1]

Core Viewpoint - The company expects to report a net loss attributable to shareholders of no more than RMB 2 million for the six months ending June 30, 2025, a significant decline from a net profit of approximately RMB 20 million for the same period in 2024 [1] Group 1: Financial Performance - The anticipated shift from profit to loss is primarily attributed to a decrease in demand for inpatient medical services, leading to reduced revenue [1] - The actual settlement rate from the 2024 public medical insurance plan, completed in May 2025, was lower than the estimated settlement rate used in the financial statements for the year ending December 31, 2024, resulting in decreased inpatient service revenue [1] - The company has further adjusted the estimated settlement rate for inpatient service revenue covered by the plan for the first half of 2025 downward [1]