CH TREASURES NM issues profit warning, expecting mid-term net profit attributable to shareholders to decrease to no more than 38 million yuan
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CH TREASURES NM issued a profit warning, expecting that the net profit attributable to the parent company will decrease to no more than 38 million yuan in the six months ending June 30, 2025, down from 47.8 million yuan in the same period of 2024. The board pointed out that the main reasons include a decline in sales of biodegradable shopping bags and agricultural product bags leading to a decrease in revenue, as well as a reduction in R&D expenses
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