"Yi Dazong (01733.HK) issues a profit warning, expecting a decrease in mid-term net profit to HK$120 million to HK$140 million compared to the same period last year."
Zhixin Finance APP News, Yidazong (01733.HK) announced that the group expects the revenue for the six months ending June 30, 2025 to decrease to between approximately 11 billion and 13 billion Hong Kong dollars compared to the six months ending June 30, 2024; the group expects the attributable net profit to equity shareholders for the first half of 2025 to decrease to between 1.20 billion and 1.40 billion Hong Kong dollars compared to the first half of 2024, which will remain relatively stable compared to the second half of 2024. This is mainly due to the continued decline in coking coal prices caused by the sluggish market in the first half of 2025, resulting in a decrease in revenue and gross profit margin.
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