GWE issued a profit warning, expecting a net loss attributable to shareholders of 114 million yuan in the first half of the year
I'm LongbridgeAI, I can summarize articles.GWE expects a net loss attributable to shareholders of approximately 114 million yuan in the first half of 2025, with a net loss of approximately 131 million yuan after deducting non-recurring gains and losses. The company is experiencing a decrease in orders and revenue due to slowing market demand and intensified competition, coupled with the allocation of fixed operating expenses, resulting in an operating loss
According to the announcement from GWE (600192.SH), the financial department's preliminary forecast indicates that the company is expected to achieve a net profit attributable to shareholders of the listed company of approximately -114 million yuan for the first half of 2025. The net profit attributable to shareholders of the listed company, after deducting non-recurring gains and losses, is expected to be approximately -131 million yuan for the first half of 2025.
The company's products have been affected by a slowdown in market demand and intensified competition, resulting in a decrease in orders and a year-on-year decline in revenue. Additionally, factors such as the allocation of fixed operating expenses have led to losses in this period