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
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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
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