Planetree International Forecasts Return to Profit in H1

MT Newswires Live

08/18

Planetree International Development (HKG:0613) expects to return to profit in the first half of 2025, according to a Hong Kong bourse filing Friday.

The company is forecasting profit before tax of HK$99.4 million for the six months ended June 30, compared to a loss of HK$94.2 million a year earlier.

Planetree's financial results are due in late August.

Shares of the financial services company jumped over 2% in afternoon trade Monday.

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