GHPC (01847) issues profit warning: projects RMB169.90 million net loss for 2025 amid 63.5% revenue surge

Bulletin Express
Mar 13

YCIH Green High-Performance Concrete Company Limited (abbreviated as GHPC, stock code: 01847) has released a profit warning indicating a deeper full-year loss for 2025, according to a preliminary review of its unaudited consolidated management accounts.

For the twelve months ended 31 December 2025, management expects:

• Net loss: approximately RMB169.90 million, widening from RMB115.20 million in 2024.

• Revenue: about RMB1.16 billion, up 63.5% year on year, driven by higher operating activity.

• Impairment of trade receivables: approximately RMB167.30 million, an increase of RMB127.20 million versus the RMB40.10 million provision booked in 2024.

Management attributes the projected loss primarily to the sharp rise in impairment charges, which more than offset the strong top-line growth. These figures have neither been audited nor reviewed by the Company’s external auditor and may differ from the final results scheduled for release in late March 2026.

The Board advises shareholders and potential investors to exercise caution when dealing in the Company’s shares and to review the forthcoming annual results announcement in detail once published.

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