TEAMWAY INTL GP (01239) issues profit warning. It is expected that the shareholders' net loss for 2025 will decrease by about 60% to 70% compared to the previous year.

TEAMWAY INTL GP (01239) announces that the group expects the attributable loss to owners of the parent company for the year ending December 31, 2025 (2025 fiscal year) to decrease by approximately 60% to 70% compared to the year ending December 31, 2024 (2024 fiscal year), with a expected loss of about 106 million RMB. This expected decrease is mainly due to the following reasons: there were no impairment losses on property, plant, and equipment totaling 22.13 million RMB in the 2024 fiscal year; the group adopted in-house production for the 2025 fiscal year, reducing production costs by outsourcing some production to other factories compared to the 2024 fiscal year, resulting in a decrease in sales costs; and cost control measures such as reducing labor and transportation costs.