Evergrande Hi-Tech: Expected net loss of 20-30 million yuan in 2025.

date
30/01/2026
Evergrande High-Tech Group announced that it is expected to have a net loss attributable to shareholders of the listed company of 20-30 million yuan in 2025, compared to a loss of 10.6155 million yuan in the same period last year. After deducting non-recurring losses and gains, the net loss is expected to be 35-50 million yuan, compared to a loss of 34.7566 million yuan in the same period last year. The company's business is facing significant price pressure due to intensified market competition and other factors. At the same time, the company continues to implement cost reduction measures to improve efficiency, resulting in a decrease in expenses compared to the same period last year. However, the company's fixed operating costs are still high, leading to a negative profit in the current reporting period.