Huasheng International Holding Limited (1323) announced that the Group anticipates recording an unaudited net loss attributable to owners of not less than HK$41.0 million for the six months ended 30 September 2025, compared with approximately HK$24.4 million for the same period in 2024.
According to the announcement, the depressed real estate market in the People’s Republic of China adversely impacted demand for ready-mixed commercial concrete products, contributing to a decline in revenue by approximately HK$38.6 million or 19.3% and exerting pressure on gross profit, which fell by around HK$24.5 million. The Group also recorded an increase in share of loss from associates by approximately HK$5.5 million. Meanwhile, finance costs decreased by about HK$5.8 million, attributed to a reduction in borrowings. The finalised interim results are expected to be published by the end of November 2025, and shareholders and potential investors are advised to exercise caution when dealing in the Company’s shares.