GHPC Issues Profit Warning, Anticipates Widening Net Loss to Approximately 169.9 Million Yuan for 2025
Stock News
Mar 13
GHPC (01847) has announced an expected net loss of approximately RMB 169.9 million for the 2025 fiscal year, compared to a net loss of about RMB 115 million in the 2024 fiscal year. The primary reason for the anticipated increased loss is a significant provision for impairment of receivables. In 2025, the company recorded an impairment provision for receivables of roughly RMB 167.3 million, which represents an increase of approximately RMB 127 million compared to the provision made in 2024. This substantial increase in the impairment charge occurred despite a major rise in the group's total operating revenue, which grew by about 63.5% to approximately RMB 1.1596 billion for the year.
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