ZHIXIN GP HLDG issues a profit warning, expecting a mid-term net loss of approximately 50 million yuan
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According to the Zhitong Finance APP, ZHIXIN GP HLDG announced that it expects the group to incur a net loss of approximately RMB 50 million for the six months ending June 30, 2025, compared to a net profit of approximately RMB 1.2 million for the same period in 2024. The loss is primarily attributed to the group's pre-mixed concrete and precast concrete components business incurring a net loss. The overall loss is partially offset by the net profit from the group's iron ore tailings recovery and environmental brick manufacturing business during the relevant period
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