ST Hua Wang: Expected loss of 34 to 40 million yuan in the first half of the year.

*ST Kao disclosed its performance forecast on the evening of July 15th, predicting a net profit attributable to shareholders of the listed company of -34 to -40 million yuan for the first half of 2025. During the reporting period, the company's operating income was relatively small, mainly because the company had just completed bankruptcy reorganization at the end of 2024. The operation of business, market credit, and credit system are gradually recovering, leading to slow revenue growth. The gross profit level is not enough to cover expenses such as personnel salaries, administrative offices, and intermediary agency fees, resulting in a loss for this period.