Mingfa Group (00846) issues a profit warning, expecting a profit-to-loss turnaround of about 200-300 million yuan in the first half of the year compared to the same period last year.

The Zhitong financial news app reported that Mingfa Group (00846) disclosed that the group is expected to incur a loss of approximately RMB 200-300 million in the first half of 2025, while it made a profit of approximately RMB 67 million in the first half of 2024.