C SUCCESS FIN (03623.HK) Issues Profit Warning: FY2025 Revenue Expected to Fall 30%–40%, Net Loss to Narrow 34%–44%

Bulletin Express
Mar 18

China Success Finance Group Holdings Limited (C SUCCESS FIN, 03623.HK) announced a profit warning for the year ended 31 December 2025. Based on unaudited management accounts, the Group anticipates the following results versus the prior-year period:

• Net revenue is projected to decline by 30%–40%.

• Net loss is expected to narrow by 34%–44%.

The revenue contraction is primarily attributed to a 43%–48% decrease in sales from the energy storage system business, driven by heightened market competition in South Africa.

Despite the top-line weakness, the anticipated narrowing of the Group’s loss stems from two key factors:

1. Impairment loss on property, plant and equipment is estimated to fall by approximately 92%–97% year-on-year.

2. Fair value loss on financial assets measured at fair value through profit or loss is also projected to drop by roughly 92%–97% compared with the prior year.

The figures are based on preliminary, unaudited data and may differ from the final results. Shareholders and investors are advised to exercise caution when dealing in the Company’s shares until the audited annual results are released.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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