ZT HN GROUP (02433) issued a profit warning, expecting a mid-term net loss of approximately 85 million to 90 million yuan, an increase compared to the same period last year.
Zhongtian Hunan Group (02433) announced that the Group expects to incur a net loss of approximately RMB 85 million to RMB 90 million for the six months ending June 30, 2026, compared to a net loss of approximately RMB 19.5 million for the same period ending June 30, 2025 (previous period).
ZT HN GROUP (02433) announced that the Group expects to incur a net loss of approximately RMB 85 million to RMB 90 million for the six months ending June 30, 2026, compared to a net loss of approximately RMB 19.5 million for the six months ending June 30, 2025 (prior period).
The announcement states that the increase in net loss during this period is primarily due to a decline in revenue resulting from the economic slowdown compared to the prior period, as well as further impairment of the Groups financial and contract assets due to extended customer settlement periods.
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