CHAMP ALLI INTL Issues Profit Warning, Anticipates Net Loss Attributable to Owners of RMB 24-28 Million for 2025
Stock News
Mar 20
CHAMP ALLI INTL (01629) has announced that the Group expects to record a net loss attributable to owners of the company in the range of approximately RMB 24 million to RMB 28 million for the 2025 fiscal year. This contrasts with a net profit attributable to owners of approximately RMB 3 million achieved in the 2024 fiscal year. The shift from profit to loss is primarily attributed to the recognition of an impairment provision for trade receivables and other receivables with a net amount of approximately RMB 33 million.
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