ZONQING LTD (01855) issues profit warning, expecting shareholders' net profit for the year 2025 to decrease to approximately 15 million to 35 million RMB.

Zhongqing Group (01855) announced that the group is expected to achieve a net profit attributable to shareholders of approximately RMB 15 million to 35 million in the fiscal year 2025, with a net profit attributable to shareholders of approximately RMB 40 million in fiscal year 2024. The decrease in profit is mainly due to an increase in operating losses from associated companies and joint ventures.