NANFANG COMM (01617) issued a profit warning, expecting a total net profit and comprehensive income of approximately 28 million yuan to 31 million yuan in 2025.

date
21:39 24/03/2026
avatar
GMT Eight
Southern Communication (01617) announced that the Group expects to record a net profit and total comprehensive income of approximately RMB 28 million to RMB 31 million for the year ending December 31, 2025, compared to the net profit and total comprehensive income of approximately RMB 39.9 million for the year ending December 31, 2024, a decrease of approximately RMB 8.9 million to RMB 11.9 million.
NANFANG COMM (01617) has announced that the Group expects to record a net profit and comprehensive income of approximately RMB 28 million to RMB 31 million for the year ending December 31, 2025. This is a decrease of approximately RMB 8.9 million to RMB 11.9 million compared to the net profit and comprehensive income of approximately RMB 39.9 million for the year ending December 31, 2024. The Board of Directors believes that the decrease in net profit for the year ending December 31, 2025 is primarily due to the following factors: a reduction of approximately RMB 4 million in government subsidies due to changes in government subsidy policies; and additional depreciation of approximately RMB 4.1 million for properties confirmed after the completion of construction sites by December 31, 2025.