HUAJIN INTL issued a profit warning, expecting a loss attributable to owners of the company of approximately 490 million to 530 million yuan in the first half of the year, a year-on-year turnaround from profit to loss

HUAJIN INTL issued a profit warning, expecting revenue of approximately RMB 720 million to RMB 780 million in the first half of 2025, a year-on-year decrease of 75.7% to 77.5%; the loss attributable to shareholders is expected to be approximately RMB 490 million to RMB 530 million, compared to a profit of RMB 16.9 million in the same period of 2024. The board of directors pointed out that the decline in revenue and the loss are mainly due to weak market demand, intensified competition, the impact of the trade environment and tariff policies, rising raw material costs, and low capacity utilization