"Profit Warning" CHINA SHENGMU estimates a full-year loss of at least 350 million RMB
CHINA SHENGMU (01432.HK) issued a profit warning, expecting a loss of between RMB 350 million and RMB 390 million for the fiscal year 2025, compared to a loss of RMB 65.5 million in the same period last year. This is mainly due to an impairment provision of approximately RMB 300 million to RMB 330 million for undeveloped grassland land held. Excluding related factors, the operating business loss narrowed by RMB 5 million to RMB 25 million compared to the previous year
Source: AASTOCKS The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments