ZHIXIN GP HLDG issued a profit warning, expecting an annual net loss of approximately 70 million yuan, turning from profit to loss year-on-year
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ZHIXIN GP HLDG issued a profit warning, expecting a net loss of approximately HKD 70 million for the year ending December 31, 2024, compared to a net profit of HKD 10.1 million for the same period in 2023. The loss is mainly attributed to the ready-mixed concrete and precast concrete components business, while the net profit from the iron ore tailings recycling business partially offset the overall loss
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