CHANHIGH(02017) issues profit warning, expecting a year-on-year decrease in shareholders' net profit for 2025 to approximately 5 million to 15 million yuan.
Cang Hai Holdings (02017) announced that compared to the net profit attributable to owners of the company of approximately RMB 27.3 million for the year ended December 31, 2024, the group expects the net profit attributable to owners of the company for the year ending December 31, 2025 to be approximately RMB 5 million to RMB 15 million.
CHANHIGH (02017) released an announcement that compared to the estimated net profit attributable to owners of the company for the year ending on December 31, 2024, which is approximately 27.3 million RMB, the group expects the net profit attributable to owners of the company for the year ending on December 31, 2025 to be approximately 5 to 15 million RMB.
The expected decrease in the net profit attributable to owners of the company for the year ending on December 31, 2025, is mainly due to the downturn in the construction industry in mainland China, which has led to a decrease in overall construction project revenue and gross profit margin.
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