Tongfang Taided (01206.HK) issued a profit warning, expecting a mid-term loss of 7.5 million to 8.5 million yuan, a decrease compared to the same period last year.

Zhtng Cijng APP news, Tngfng Tid (01206.HK) announced that the group is expected to incur a loss of approximately RMB 7.5 million to RMB 8.5 million for the six months ending June 30, 2025, while in the six months ending June 30, 2024, a loss of approximately RMB 71.9 million was incurred. The decrease in losses for the six months ending June 30, 2025 was mainly due to significant progress in multiple smart energy sector projects, which have higher gross profit margins, thereby driving overall revenue and gross profit improvement for the group.