GOLDPAC GROUP issued a profit warning, expecting the profit attributable to the company's owners in the first half of the year to decrease by approximately 20% to 30% year-on-year
GOLDPAC GROUP issued a profit warning, expecting that the profit attributable to the company's owners for the six months ending June 30, 2025, will decrease by approximately 20% to 30% year-on-year. Affected by intensified global market competition, a decline in product sales prices, and a decrease in foreign exchange gains, revenue is expected to decrease by approximately 10% to 20%
According to the Zhitong Finance APP, GOLDPAC GROUP (03315) announced that due to intensified global market competition, the overall product sales price of the group continues to decline. Coupled with factors such as a decrease in foreign exchange gains, the board expects that the group's revenue for the six months ending June 30, 2025, will decrease by approximately 10% to 20% compared to the six months ending June 30, 2024 (approximately RMB 542 million); and the profit attributable to the owners of the company for the six months ending June 30, 2025, is expected to decrease by approximately 20% to 30% compared to the profit attributable to the owners of the company for the six months ending June 30, 2024 (approximately RMB 31 million)
