According to the Zhitong Finance App, China High Speed Transmission (00658) announced that compared with losses attributable to company owners of approximately RMB 78.7 million for the six months ending June 30, 2022, it is expected that the profit attributable to company owners for the six months ending June 30, 2023 will reach no less than RMB 200 million. This expected increase is mainly due to the fact that in the six months ended June 30, 2023, the company did not incur income tax expenses for the sale of the subsidiary's shares, while in the same period last year, the sale of 43% of the shares of the subsidiary Nanjing High Speed Gear Manufacturing Co., Ltd. generated income tax expenses of about RMB 315 million.
中国高速传动(00658)发盈喜 预计中期股东应占溢利将取得不少于2亿元 同比扭亏为盈
China High Speed Transmission (00658) is profitable and expects profit attributable to mid-term shareholders to reach no less than 200 million yuan, turning a year-on-year loss into a profit
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