CH TREASURES NM (02439) Issues Profit Warning, Expects Interim Net Profit Attributable to Shareholders to Decrease to No More Than RMB 38 Million

Stock News

08/22

CH TREASURES NM (02439) announced that the group expects its net profit attributable to equity shareholders for the six months ending June 30, 2025, to decrease from approximately RMB 47.8 million for the six months ending June 30, 2024, to no more than RMB 38 million. The board believes this decrease is primarily due to: (i) a decline in gross profit resulting from reduced revenue during the period, mainly caused by decreased sales of biodegradable shopping bags and biodegradable agricultural product bag rolls; and (ii) the combined impact of reduced research and development expenses during the period.

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