HUIJING HLDGS issues a profit warning, expecting the total mid-term loss to increase to approximately RMB 602 million
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HUIJING HLDGS issued a profit warning, expecting the total loss for the six months ending June 30, 2025, to increase to approximately RMB 602 million, up from about RMB 335 million as of December 31, 2024. The loss is mainly due to a decline in gross margin to 13.8%, as well as an increase in other expenses and financial costs
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