Confucian China (00136.HK) reported a profit, expecting to achieve a comprehensive net profit after tax of about 1 billion to 1.2 billion yuan in the middle term, turning losses into profits compared to the same period last year.

date
30/07/2025
Wisdom Financial News APP, China Confucius (00136.HK) announced that the board of directors expects the group to achieve unaudited after-tax comprehensive net profit of approximately RMB 1 billion to RMB 1.2 billion for the six months ending June 30, 2025 (reporting period) based on Hong Kong Financial Reporting Standards, compared to a unaudited after-tax net loss of approximately RMB 123 million in the same period last year, achieving a turnaround from loss to profit. The group expects unaudited revenue for the reporting period to reach approximately RMB 2.1 billion to RMB 2.3 billion, representing an increase of approximately 14% to 25% from about RMB 1.84 billion in the same period in 2024.
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