Tianyuan Group (06119.HK) issues profit warning, expecting a decrease of approximately 60% to HK$4.9 million in the mid-term attributable profit to shareholders as compared to the same period last year.

Zhitong Finance and Economics APP News, Tianyuan Group (06119.HK) announced that the group expects that the unaudited profit attributable to owners of the company for the six months ended June 30, 2025 will decrease by approximately 60% to about RMB 4.9 million, compared to about RMB 12.3 million in the same period in 2024. The decrease in unaudited profit is mainly due to: (i) the overall decrease in demand leading to a decrease in revenue for the period; and (ii) the reduction in other income of the company is mainly due to lower gains from crude oil futures contract trading in the period compared to the same period last year.