BAWANG GROUP issues a profit warning, expecting a net loss of approximately 4.9 million yuan in the first half of the year
I'm PortAI, I can summarize articles.
BAWANG GROUP issued a profit warning, expecting a net loss of approximately 4.9 million yuan for the first half ending June 30, 2025, compared to a net profit of approximately 1.2 million yuan for the same period in 2024. Despite a revenue increase of about 11%, the group anticipates a loss due to rising prices of key raw materials and significant increases in sales and distribution costs, leading to a decline in gross profit margin
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments