China New Consumption Group Ltd. Issues Profit Warning Ahead of Annual Results Announcement

Reuters

06-13

China New Consumption Group Ltd. Issues Profit Warning Ahead of Annual Results Announcement

China New Consumption Group Ltd. has issued a profit warning regarding its financial performance for the year ended 31 March 2025. The company, which is in the process of finalizing its annual results, cautions that the preliminary assessment of the unaudited consolidated management accounts indicates a potential decline in profitability. The Board has advised shareholders and potential investors to be cautious when dealing with the company's securities, as the results have yet to be audited or reviewed by the Group's auditor and may be subject to adjustments. The interim results announcement is expected to be released on 23 June 2025. The company's executive director, Liu Ching Man, and the Board have confirmed, to the best of their knowledge, the accuracy and completeness of the information provided in the announcement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China New Consumption Group Ltd. published the original content used to generate this news brief on June 13, 2025, and is solely responsible for the information contained therein.

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Issues Profit Warning Ahead of Annual Results Announcement","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      China New Consumption Group Ltd. Issues Profit Warning Ahead of Annual Results Announcement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        China New Consumption Group Ltd. has issued a profit warning regarding its financial performance for the year ended 31 March 2025. The company, which is in the process of finalizing its annual results, cautions that the preliminary assessment of the unaudited consolidated management accounts indicates a potential decline in profitability. 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Issues Profit Warning Ahead of Annual Results Announcement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-13 18:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      China New Consumption Group Ltd. Issues Profit Warning Ahead of Annual Results Announcement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        China New Consumption Group Ltd. has issued a profit warning regarding its financial performance for the year ended 31 March 2025. The company, which is in the process of finalizing its annual results, cautions that the preliminary assessment of the unaudited consolidated management accounts indicates a potential decline in profitability. The Board has advised shareholders and potential investors to be cautious when dealing with the company's securities, as the results have yet to be audited or reviewed by the Group's auditor and may be subject to adjustments. The interim results announcement is expected to be released on 23 June 2025. 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China New Consumption Group Ltd. published the original content used to generate this news brief on June 13, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250613:nNDL2mzrHb:1","article_id":"2543683217","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2543683217","pubTimestamp":1749809930,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"China New Consumption Group Ltd. has issued a profit warning regarding its financial performance for the year ended 31 March 2025. 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