NUMANS(02530) issues profit warning, expecting the after-tax annual profit for 2025 to decrease compared to the previous year by approximately less than 6 million RMB.
Newman Holdings (02530) announced that the group is expected to achieve a net annual profit after tax of approximately not more than RMB 60 million for the year ending on December 31, 2025, while the net annual profit after tax for the year ending on December 31, 2024 is approximately RMB 74.90 million.
The board of directors believes that the decrease in expected net annual profit after tax is mainly due to the following factors: (1) a significant decrease in income due to the overall consumption downgrade of the Chinese economy, (2) intensified competition in domestic DHA products, and (3) an impairment loss on inventory of approximately RMB 19.30 million.
NUMANS (02530) announces that the group is expected to achieve a post-tax annual profit of not more than RMB 60 million for the year ending December 31, 2025, compared to a post-tax annual profit of approximately RMB 749 million for the year ending December 31, 2024. The Board of Directors believes that the decrease in expected post-tax annual profit is mainly due to the following factors: (1) a significant decrease in revenue due to the overall downgrade of the Chinese economy; (2) increased competition in domestic DHA products; (3) inventory impairment losses of approximately RMB 19.3 million.
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