Herald hold (00114.HK) announced that the half-year net profit as of the end of September is expected to be between 25 million and 30 million yuan, while a net profit of 8.2 million yuan was recorded in the same period last year.

The company mentioned that the main changes come from the net income of realized and unrealized gains from trading securities, which is approximately 10 million yuan, compared to a loss of 4.8 million yuan in the same period last year. The company emphasized that it is very concerned about the performance in the second half of this fiscal year, mainly due to the continuing uncertainty and pressure brought about by geopolitical tensions, as well as intensified industry price competition.