BRIEF: Haina Intelligent returns to profit on strong sales growth

Haina Intelligent Equipment International Holdings Ltd. (1645.HK), a maker of machinery used to manufacture disposable hygiene products, announced on Monday it expects to return to the black in 2025, driven by strong sales growth.

The company forecast revenue of 490 million yuan ($71 million) or more for the year, up about 33% from 2024. Its net profit is expected to reach at least 15 million yuan, reversing a net loss of about 41 million yuan in 2024.

Haina attributed the turnaround to stronger sales driven by ongoing technological innovation and product upgrades, which also helped lift the average selling price of its machinery and improve its overall gross margins. In addition, the company did not record any significant impairment losses last year like the ones it realized in 2024.

Founded in 2011, Haina Intelligent is one of China’s leading makers of the machinery used to manufacture disposable hygiene products like baby and adult diapers, sanitary napkins and face masks. It also provides customized solutions and after-sales services.

The company’s shares opened flat on Tuesday and closed at HK$3.94 by the midday break, up 2.87%. The stock has more than tripled over the past 52 weeks.

By Lee Shih Ta

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