HENGDELI (03389) Issues Profit Warning, Forecasts Annual Shareholder Loss of No Less Than RMB26 Million

Stock News

03/13

HENGDELI (03389) has announced that the company expects to record an attributable loss to shareholders of no less than approximately RMB 26 million for the reporting fiscal year ending December 31, 2025. This represents a decrease of 60.1% compared to the attributable loss of approximately RMB 65.2 million recorded in the corresponding period of 2024. The company believes the reduction in loss for the reporting year is primarily attributable to (i) improvements in gross profit and gross profit margin; and (ii) foreign exchange gains generated by operating units due to currency fluctuations.

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This represents a decrease of 60.1% compared to the attributable loss of approximately RMB 65.2 million recorded in the corresponding period of 2024. 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