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RUIXIN INTERNATIONAL HOLDINGS (00724.HK) Expects Last Year's Loss to Decrease to Approximately HKD10-12 Million
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RUIXIN INTERNATIONAL HOLDINGS (00724.HK) anticipates recording a loss of approximately HKD10 million to HKD12 million for last year, significantly reduced by about 71.2% to 76% compared to the loss of approximately HKD41.7 million in the fiscal year 2024. This reduction is mainly attributed to: (i) the recovery of the group's business operations, generating revenue and gross profit in 2025; (ii) a decrease in financial costs related to the estimated interest expenses on convertible bonds for the previous year; and (iii) a YoY decrease in the group's administrative expenses for the previous year. (ad/u) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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