Green Fresh Biotechnology (HKG:1084) expects an attributable loss of between 11 million yuan and 13.5 million yuan in the first half of 2025, compared with an attributable profit of 23.1 million yuan a year prior, a Friday Hong Kong bourse filing said.
The seaweed producer, previously known as Green Future Food Hydrocolloid Marine Science, attributed the forecast to a lower revenue and gross profit, as well as a rise in R&D expenses.