"Profit Warning" LANCANG TEA estimates last year's loss decreased by 67.5%-74%

LANCANG TEA (06911.HK) issued a profit warning, expecting a loss of between 80 million to 100 million RMB for the fiscal year 2025, a decrease of 67.5%-74% compared to the previous year, mainly due to a significant reduction in asset impairment losses during the year and cost-cutting measures to reduce expenses. Affected by the "slow recovery" of the consumer market, the annual revenue is expected to be between 205 million to 230 million RMB, a decrease of 36.3%-43.3%