CMA LOGISTICS issues a profit warning, expecting a mid-term pre-tax profit of approximately HKD 60 million to 70 million
CMA LOGISTICS expects its interim profit before tax for the period ending June 30, 2025, to be approximately HKD 60 million to HKD 70 million, an increase from HKD 43.32 million in the same period of 2024. The growth is attributed to the development of new markets and customers, an improvement in gross profit margins, and cost control brought about by technological and model innovations
According to the Zhitong Finance APP, Chang'an Minsheng Logistics (01292) announced that for the six months ending June 30, 2025, the group recorded a pre-tax profit of approximately RMB 60 million to RMB 70 million (compared to a pre-tax profit of approximately RMB 43.32 million for the same period in 2024).
The board of directors believes that the main reasons for the growth in the group's pre-tax profit are (1) the company's active exploration of new markets and new customers, leading to a year-on-year increase in operating revenue (the year-on-year basis for the group’s revenue from January to June 2024 is approximately RMB 4.165 billion, excluding the revenue of approximately RMB 420 million from Shenyang Changyou Supply Chain Co., Ltd. for the same period. After the company sold its equity in Shenyang Changyou in September 2024, the group no longer consolidates Shenyang Changyou in its financial statements); (2) an increase in gross profit margin year-on-year; and (3) the group's vigorous promotion of technological innovation and model innovation, launching the "Extreme Cost Reduction Hurricane Action" cost leadership special project to strengthen cost and expense control
