SDHG (00412) Issues Profit Alert, Expects Interim Net Profit to Surge to at Least RMB 450 Million

Stock News
Aug 21

SDHG (00412) announced that the Group expects to achieve unaudited consolidated net profit of not less than approximately RMB 450 million for the six months ended June 30, 2025 (the Period), compared to unaudited consolidated net profit of approximately RMB 78 million for the six months ended June 30, 2024. The increase in unaudited consolidated net profit for the Period is mainly attributable to the net effect of the following: a substantial increase in fair value of financial assets at fair value through profit or loss of over approximately RMB 550 million; a decrease in revenue of approximately RMB 330 million during the Period; and a reduction in administrative and other operating expenses and sales and service costs of approximately RMB 120 million during the Period.

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