China Qinfa Group Forecasts Swing to H1 Loss

MT Newswires Live

2025/08/15

China Qinfa Group (HKG:0866) expects to swing to loss in the first half of 2025, according to a Hong Kong bourse filing Thursday.

Shares of the coal company fell over 2% in morning trade Friday.

The company is forecasting up to 168 million yuan in losses for the six months ended June 30, compared with a profit of 60.8 million yuan in the year-ago period.

China Qinfa's financial results are due by the end of August.

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