Xinda Investment (HKG:1281) expects to swing to losses in the first half of 2025, according to a Hong Kong bourse filing Tuesday.
Shares of the solar power plant operator fell 1% in morning trade Wednesday.
The company expects to record 2 million yuan to 5 million yuan in attributable loss for the six months ended June 30, compared to a profit of 1.4 million yuan in the year-ago period.
Xinda's financial results are due by the end of August.