C WAN TONG YUAN issued a profit warning, expecting a total mid-term loss of approximately 9 million to 10 million yuan, turning from profit to loss year-on-year
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C WAN TONG YUAN issued a profit warning, expecting a mid-term loss of between 9 million and 10 million yuan for the period ending June 30, 2025, mainly due to macroeconomic impacts, cautious consumer spending, a decline in the average selling price of burial plots, and a decrease in demand for funeral services. Rising tax costs and a decline in the fair value of financial assets also contributed to the losses. The company will continue to optimize operational management, maintain a stable cash flow and financial structure, and actively respond to challenges
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