JiHua Group issued a profit warning, expecting a 95.60% year-on-year decrease in net profit attributable to the parent c…

JiHua Group expects a net profit attributable to shareholders of RMB 4.4 million in the first half of 2025, a year-on-year decrease of 95.60%. The net amount of non-recurring gains and losses is approximately RMB 14.2 million, a year-on-year decline of 87.44%. The main reason is that the wholly-owned subsidiary recognized asset disposal gains of RMB 159.3943 million due to government-required demolition in the previous period

According to the Zhitong Finance APP, JiHua Group (603980.SH) announced that the company expects to achieve a net profit attributable to the owners of the parent company of 4.4 million yuan for the first half of 2025, a decrease of 95.60% compared to the same period last year (statutory disclosure data), which is a reduction of 95.6743 million yuan.

The non-recurring gains and losses attributable to the owners of the parent company for this period are approximately 14.2 million yuan, a decrease of 87.44% compared to the same period last year, mainly due to the company's wholly-owned subsidiary responding to government requirements and confirming asset disposal gains of 159.3943 million yuan from the demolition of some assets

JiHua Group issued a profit warning, expecting a 95.60% year-on-year decrease in net profit attributable to the parent company in the first half of the year