"Profit Warning" EXCELLENCE CM forecasts a 60%-70% decline in annual profit

AASTOCKS
2026.03.08 10:49

EXCELLENCE CM (06989.HK) issued a profit warning, expecting a 60%-70% decline in profit for the fiscal year 2025 compared to the previous year. This is mainly due to an increase in impairment losses on receivables from related party transactions; and a full provision for the financial guarantee obligations confirmed by its non-wholly-owned subsidiary Beijing Universal

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.
© 2026 Longbridge｜Disclaimer