Zhonggan Communication (Group) (HKG:2545) expects an attributable profit of up to 5 million yuan in the first half of 2025, down from 18.6 million yuan a year prior, a Friday Hong Kong bourse filing said.
The telecom infrastructure services provider attributed the forecast to an overall reduction in construction works, as well as fewer contracts secured for software solution services projects leading to a lower revenue and gross profit from the segment.