SANVO CHEMICALS (00301) Issues Profit Warning, Expects Mid-term Shareholder Loss of About RMB 11.4 Million, Turning from Profit to Loss Year-over-Year

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Aug 25

SANVO CHEMICALS (00301) announced that it expects to record a loss attributable to owners of the company of approximately RMB 11.4 million for the six months ended June 30, 2025. This represents an increase of approximately RMB 12.2 million or about 1476.5% compared to the unaudited profit attributable to owners of the company of approximately RMB 0.8 million for the six months ended June 30, 2024. The primary reason for this increase is attributed to higher marketing, advertising and promotional expenses incurred during the period.

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