---
title: "\"Profit Warning\" EXCELLENCE CM forecasts a 60%-70% decline in annual profit"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/278261487.md"
description: "EXCELLENCE CM issued a profit warning, expecting a 60%-70% decline in profits for the fiscal year 2025 compared to the previous year. This is mainly due to an increase in impairment losses on receivables from related party transactions; and sufficient provisions made for the financial guarantee obligations confirmed by the non-wholly-owned subsidiary Beijing Universal"
datetime: "2026-03-08T10:49:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278261487.md)
  - [en](https://longbridge.com/en/news/278261487.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278261487.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/278261487.md) | [English](https://longbridge.com/en/news/278261487.md)


# "Profit Warning" EXCELLENCE CM forecasts a 60%-70% decline in annual profit

EXCELLENCE CM (06989.HK) issued a profit warning, expecting a 60%-70% decline in profit for the fiscal year 2025 compared to the previous year. This is mainly due to an increase in impairment losses on receivables from related party transactions; and a full provision for the financial guarantee obligations confirmed by its non-wholly-owned subsidiary Beijing Universal

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