Shenguan (HKG:0829) expects to report a loss attributable to owners of about 65 million yuan to 78 million yuan for 2025, compared with a profit of about 26.7 million yuan a year earlier, according to a Monday Hong Kong bourse filing.

The expected loss was mainly attributed to higher inventory write-offs and provisions related to large-scale trial production and equipment upgrades undertaken from 2022 to 2024, the sausage casing maker said.

The company expects to release its annual results in late March.