KangLi International Forecasts Drop in H1 Profit

MT Newswires Live

08/11

KangLi International (HKG:6890) expects to record a net profit of up to 12 million yuan in the first half of 2025, down from a little over 62.2 million yuan a year prior, a Monday Hong Kong bourse filing said.

The steel products manufacturer attributed the forecast to lower sales volumes and selling prices of its products, as well as a significant decline in gross profit margin.

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