PM PACKAGING issued a profit warning, expecting a net loss of no more than 25 million yuan in the first half of the year
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Jifeng Packaging issued a profit warning, expecting a net loss of no more than RMB 25 million for the six months ending June 30, 2025, an increase from the loss of approximately HKD 15.3 million in the same period of 2024. The main reasons for the increase in losses are the decline in product prices and the rise in operating costs due to the new production facility. Nevertheless, the board believes that this will not have a significant adverse impact on overall operations and cash flow
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