Huabao Flavours & Fragrances to Swing to 2024 Loss

MT Newswires Live

2025/01/27

Huabao Flavours & Fragrances (SHE:300741) expects an attributable loss of between 260 million yuan and 390 million yuan in 2024, compared with a profit of 379 million yuan a year prior, according to a Jan. 24 filing by parent Huabao International (HKG:0336).

The forecast was attributed to lower revenue amid changes in demand from major customers and a goodwill impairment loss and a provision for credit losses and asset impairments.

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Fragrances (SHE:300741) expects an attributable loss of between 260 million yuan and 390 million yuan in 2024, compared with a profit of 379 million yuan a year prior, according to a Jan. 24 filing by parent Huabao International (HKG:0336).</p><p>The forecast was attributed to lower revenue amid changes in demand from major customers and a goodwill impairment loss and a provision for credit losses and asset impairments.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00336","symbol_name":"華寶國際","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2506375747","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506375747","pubTimestamp":1737979170,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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