Xinda Investment Forecasts Swing to Loss in H1

MT Newswires Live
Aug 13

Xinda Investment (HKG:1281) expects to swing to losses in the first half of 2025, according to a Hong Kong bourse filing Tuesday.

Shares of the solar power plant operator fell 1% in morning trade Wednesday.

The company expects to record 2 million yuan to 5 million yuan in attributable loss for the six months ended June 30, compared to a profit of 1.4 million yuan in the year-ago period.

Xinda's financial results are due by the end of August.

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