Beijing Jingcheng Machinery Electric Warns of Significant Loss for 2025
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Beijing Jingcheng Machinery Electric Co Ltd (HK:0187) has warned investors of a significant net loss for the 2025 financial year, estimating a loss of RMB46 million to RMB55.2 million, compared to a profit of RMB7.5 million the previous year. The projected loss after excluding non-recurring items is RMB74.6 million to RMB89.5 million. This indicates a decline in profitability and raises concerns about the company's financial stability in a competitive market. The current analyst rating for the stock is a Hold with a price target of HK$4.00.
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