Redco Healthy Living Forecasts Swing to Losses in H1; Shares Drop 12%
MT Newswires Live
Aug 21
Redco Healthy Living (HKG:2370) said it expects to swing to losses in the first half of 2025, according to a Hong Kong bourse filing Wednesday.
Shares of the property manager fell 12% in afternoon trade Thursday.
The firm is expecting up to 2 million yuan in losses, compared with a profit of 7.7 million yuan in the prior year.
The company's financial results are due Aug. 28.
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