Zhixin Group Holdings (02187.HK) issued a profit warning, expecting a mid-term net loss of approximately 50 million yuan.

Zhtng Cijng APP News, Zhxn Group Holdings (02187.HK) announced that it is expected to have a net loss of approximately 50 million yuan for the six months ending on June 30, 2025, while the net profit for the same period in 2024 was approximately 1.2 million yuan. The loss is mainly attributed to the group's operating losses in the pre-mixed concrete and prefabricated concrete component business. The overall loss is offset partially by the net profit earned by the group from the recycling of iron ore tailings and the environmental protection brick manufacturing business during the relevant period.