CIG Shanghai Expects Up to 67% Higher Profit for 2025

MT Newswires Live
01/19

CIG Shanghai (HKG:6166, SHA:603083) said it expects to post 51% to 67% higher profit for 2025, according to a Hong Kong bourse filing Friday.

Shares of the data transmission device maker fell over 9% in late morning trade Monday.

The company expects to post 252 million yuan to 278 million yuan in attributable profit for the year, compared with the 166.7 million yuan booked in 2024.

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