SANVO CHEMICALS issued a profit warning, expecting a mid-term loss attributable to shareholders of approximately 11.4 million yuan, a year-on-year turnaround from profit to loss
According to the Zhitong Finance APP, SANVO CHEMICALS announced that it expects to incur a loss attributable to the owners of the company of approximately RMB 11.4 million for the six months ending June 30, 2025 (the current period), compared to an unaudited profit attributable to the owners of the company of approximately RMB 800,000 for the six months ending June 30, 2024, an increase of approximately RMB 12.2 million or about 1476.5%. The increase is mainly due to higher marketing, advertising, and promotional expenses during the current period
According to the Zhitong Finance APP, SANVO CHEMICALS (00301) announced that it expects to incur a loss attributable to the owners of the company of approximately RMB 11.4 million for the six months ending June 30, 2025 (the current period), compared to an unaudited profit attributable to the owners of the company of approximately RMB 800,000 for the six months ending June 30, 2024, representing an increase of approximately RMB 12.2 million or about 1476.5%. The increase is mainly due to higher marketing, advertising, and promotional expenses during the current period
