Huaxi Holdings Company Limited provided group earnings guidance for the six months ended 30 June 2022. For the six months, the group is expected to record a net loss attributable to owners of the Company of approximately HKD 7.50 million, as compared to a net profit of approximately HKD 42.50 million for the six months ended 30 June 2021. The expected turnaround from net profit to net loss was mainly attributable to a decrease in revenue from environmental treatment business which was resulted from only a few small projects being commenced during the Period; a decrease of revenue from cigarette packaging materials and an increase in the costs of production accessories; and a fair value loss on financial assets at fair value through profit or loss.
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5-day change | 1st Jan Change | ||
0.73 HKD | -1.35% | +2.82% | -41.13% |
May. 08 | Guangxi Huaxi Nonferrous Metal Vice Chairman Resigns | MT |
May. 06 | Chinese Securities Watchdog Suspends Huaxi Securities' Sponsorship Business Qualification Until October | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-41.13% | 65.59M | |
0.00% | 25.49B | |
+13.83% | 16.53B | |
+20.69% | 15.15B | |
+18.21% | 13.3B | |
+0.28% | 10.8B | |
-6.22% | 9.08B | |
+11.64% | 8.46B | |
+36.93% | 7.54B | |
-10.80% | 7.38B |
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