GREEN FRESH BIO issued a profit warning, expecting a net loss attributable to shareholders of approximately 11 million to 13.5 million yuan in the first half of the year, a year-on-year turnaround from profit to loss
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GREEN FRESH BIO expects to incur a net loss attributable to shareholders of approximately RMB 11 million to 13.5 million in the first half of 2025, a significant turnaround from a net profit of RMB 23.08 million in the same period of 2024. The main reasons include a decline in the selling price and sales volume of hydrophilic colloid products, leading to a decrease in revenue and gross profit, as well as an increase in research and development expenses
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