"Earnings Warning" Yunnan Construction Investment Concrete forecasts full-year loss to expand to 170 million RMB
Yunnan Construction Investment Concrete (01847.HK) issued a profit warning, expecting a loss of approximately 170 million RMB for the fiscal year 2025, compared to a loss of 115 million RMB recorded in the previous year. The anticipated loss is primarily due to an impairment provision for receivables of 167 million RMB. Total operating revenue for the year is expected to increase by 63.5% to 1.16 billion RMB
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