TAILAM TECHCON issued a profit warning, expecting to achieve a profit of approximately HKD 6.4 million in the interim, turning a loss into a profit year-on-year
TAILAM TECHCON expects to achieve a comprehensive profit of approximately RMB 6.4 million for the interim period ending June 30, 2025, reversing a loss of approximately RMB 4.2 million in the same period last year. This change is mainly attributed to the increased demand for ready-mixed concrete and PHC piles from infrastructure projects in Nantong and surrounding areas, as well as improvements in operational scale efficiency and strategic cost management
According to the announcement from TAILAM TECHCON (06193), for the six months ending June 30, 2025, the group expects to achieve a consolidated profit of approximately RMB 6.4 million, while for the six months ending June 30, 2024, it recorded an unaudited consolidated loss of approximately RMB 4.2 million. The turnaround from loss to profit is mainly due to the increased demand for ready-mixed concrete and PHC piles from infrastructure projects in Nantong and surrounding areas in the first half of 2025, which led to a rise in revenue, as well as significant improvements in gross profit margin due to operational scale benefits and strategic cost management
