"Profit Warning" HUAYUEXPRESSWAY estimates a full-year loss of at least 33.2 million RMB
HUAYUEXPRESSWAY (01823.HK) issued a profit warning, expecting a loss of between RMB 33.2 million and RMB 36.8 million for the fiscal year 2025, compared to a loss of RMB 7.1 million in the previous year; revenue is expected to be between RMB 139 million and RMB 153 million, down from RMB 198 million in the previous year. The decrease in revenue and increase in losses are mainly due to the continued contraction of the domestic consumer market, leading to a significant decline in alcohol sales
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