Hengxin Technology (HKG:1085) expects an attributable loss of at least 68 million yuan in the first half of 2025, compared with an attributable profit of 26.6 million yuan a year prior, a late Wednesday Hong Kong bourse filing said.

Shares of the communication equipment maker were up 1% in Thursday afternoon trading.

The firm attributed the forecast to an increase in interest expense and corporate income tax.