Aerospace CH UAV Warns of Up to 72% Slump in 2025 Profit

MT Newswires Live

01/29

Aerospace CH UAV (SHE:002389) expects an attributable net profit of between 25.0 million yuan and 31.0 million yuan in 2025, compared to 88.2 million yuan in the previous year.

The decrease of between 65% and 72% stemmed from delays in overseas order signings, weak demand for new materials and goodwill impairment losses, according to a Thursday filing with the Shenzhen bourse.

Shares of the aerial vehicle company closed 2% lower Thursday.

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