GHPC (01847) issues profit warning, expecting net loss to increase to approximately 169 million yuan in 2025.

Yunnan Construction Investment Concrete (01847) announced that it is expected to incur a net loss of approximately RMB 169 million in 2025, compared to a net loss of approximately RMB 115 million in 2024. The main reason for the expected loss is that in 2025, despite a significant increase in the group's total operating income to approximately RMB 11.596 billion (an increase of about 63.5% from 2024), the group made provisions for impairment of accounts receivable of approximately RMB 167.3 million, an increase of about RMB 127 million from the impairment of accounts receivable recorded in 2024.