ST Ningke: It is estimated that the net profit will be between negative 160 million and negative 200 million yuan in the first half of 2025.
ST Ningke announced that it is expected to achieve a net profit attributable to the shareholders of the listed company of -200 million to -160 million in the first half of 2025, and a net profit attributable to the shareholders of the listed company excluding non-recurring gains and losses of -150 million to -110 million. The main reasons for the expected loss in performance are that the production capacity of its subsidiary Ningxia Zhongke Bio New Materials Co., Ltd. has not been fully utilized, fixed asset depreciation and operating costs of public facilities and other fixed expenses cannot be diluted, as well as the provision of litigation expenses for investor false statements in this period.
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