---
title: "\"Profit Warning\" CHINA SHENGMU estimates a full-year loss of at least 350 million RMB"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277350877.md"
description: "CHINA SHENGMU issued a profit warning, expecting a loss of between RMB 350 million and RMB 390 million for the fiscal year 2025, compared to a loss of RMB 65.5 million in the same period last year. This is mainly due to an impairment provision of approximately RMB 300 million to RMB 330 million for undeveloped grassland held. Excluding related factors, the operating business loss narrowed by RMB 5 million to RMB 25 million compared to the previous year"
datetime: "2026-03-01T10:53:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277350877.md)
  - [en](https://longbridge.com/en/news/277350877.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277350877.md)
---

# "Profit Warning" CHINA SHENGMU estimates a full-year loss of at least 350 million RMB

CHINA SHENGMU (01432.HK) issued a profit warning, expecting a loss of between RMB 350 million and RMB 390 million for the fiscal year 2025, compared to a loss of RMB 65.5 million in the same period last year. This is mainly due to an impairment provision of approximately RMB 300 million to RMB 330 million for undeveloped grassland land held. Excluding related factors, the operating business loss narrowed by RMB 5 million to RMB 25 million compared to the previous year

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