China Wantian Warns of Higher H1 Loss; Shares Rise 10%

MT Newswires Live

08/20

China Wantian (HKG:1854) expects to report higher losses in the first half of 2025, according to a Hong Kong bourse filing Tuesday.

The company is forecasting a consolidated loss of up HK$50 million for the six months ended June 30, compared with a loss of HK$17.2 million in the year-ago period.

China Wantian's financial results are expected on Aug. 28.

Shares of the food supplier gained nearly 10% in late-morning trade Wednesday.

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