Nanfang Communication Flags Profit Drop on Lower Subsidies, Higher Depreciation
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Nanfang Communication Holdings Ltd. (HK:1617) has projected a profit drop for the year ending December 31, 2025, estimating earnings between RMB28.0 million and RMB31.0 million, down from RMB39.9 million the previous year. The decline is attributed to reduced government grants and increased depreciation expenses. The company advises caution to shareholders and potential investors ahead of its audited results due by March 2026. Analysts currently rate the stock as a Hold with a price target of HK$0.19.
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