TOPWAY issued a profit warning, expecting a net loss attributable to the parent company of 23.5 million to 33.5 million yuan in the first half of the year
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TOPWAY expects a net loss attributable to the parent company of RMB 23.5 million to RMB 33.5 million in the first half of 2025, with a net loss of RMB 36.55 million to RMB 47.25 million after deducting non-recurring gains and losses. The company's revenue and profit have decreased year-on-year due to market competition, a decline in basic business income and profits, and a reduction in building coverage projects
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