"Profit Alert" YICHEN IND forecasts a profit of 334 million RMB last year, turning losses into profits
YICHEN IND (01596.HK) issued a profit warning, expecting to record a net profit of approximately RMB 334 million for the fiscal year 2025, compared to a loss of RMB 57.7 million in the previous year. The turnaround from loss to profit is mainly due to an increase in the shipment volume of the group's railway fastening system products and a decrease in raw material procurement prices
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