ST Shuangcheng: Due to financial indicators such as revenue not meeting standards, the stock may be delisted.
ST Shuangcheng announced that if the total profit, net profit, and net profit after deducting non-recurring gains and losses for the fiscal year 2024 are negative, and the deducted operating income is less than 300 million yuan, the company will be subject to delisting risk warnings starting from April 30, 2025. If one of the situations specified in the "Shenzhen Stock Exchange Stock Listing Rules" occurs after the disclosure of the 2025 annual report, the company's stock will face the risk of being delisted. This is the company's second risk warning announcement. The company expects the net profit for the fiscal year 2025 to be positive and turn losses into profits, but the data is unaudited and there is uncertainty.
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