Shenglong International Issues Profit Alert, Forecasts 59% Jump in Annual Net Profit

Stock News

03/23

Shenglong International (08481) announced that the group expects to record a net profit attributable to company owners of not less than RMB 75 million for the year ending December 31, 2025. This represents an increase of approximately 59% compared to the net profit attributable to company owners of about RMB 47 million for the year ended December 31, 2024. The rise in net profit is mainly attributed to an increase in gross profit resulting from improved production efficiency, which was driven by the successful implementation of cost-effective measures by the company.

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