Capinfo Expects Return to Profit in H1; Shares Rise 7%

MT Newswires Live

Aug 13

Capinfo Co. (HKG:1075) expects a profit attributable to owners of between 5 million yuan and 15 million yuan for the six months ended June 30, reversing a 23.9 million yuan loss in the same period last year, according to a Tuesday Hong Kong bourse filing.

The turnaround was mainly driven by steady growth in core business revenue through AI application and digital platform development, alongside a gain from the liquidation of a non-principal subsidiary, Rito Info Technology.

Shares of the tech firm were up nearly 7% in late-morning Wednesday trade.

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(HKG:1075) expects a profit attributable to owners of between 5 million yuan and 15 million yuan for the six months ended June 30, reversing a 23.9 million yuan loss in the same period last year, according to a Tuesday Hong Kong bourse filing.</p><p>The turnaround was mainly driven by steady growth in core business revenue through AI application and digital platform development, alongside a gain from the liquidation of a non-principal subsidiary, Rito Info Technology.</p><p>Shares of the tech firm were up nearly 7% in late-morning Wednesday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01075","symbol_name":"首都信息","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2559679305","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2559679305","pubTimestamp":1755059406,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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