SKYWORTH GROUP Issues Profit Warning, Anticipates 30% Decrease in Fiscal 2025 Earnings

Stock News

Feb 12

SKYWORTH GROUP (00751) has announced an expected decrease of approximately 30% in its profit for the fiscal year ending December 31, 2025, compared to the previous fiscal year ending December 31, 2024. The anticipated decline is primarily attributed to the ongoing downturn in China's real estate market and weak sales. Within the group's modern services business segment, the construction development unit has recorded impairments on certain regional properties, leading to poor performance in this segment. In accordance with accounting standards, the group has increased provisions for impairment on relevant real estate inventory, reflecting current market conditions. Moving forward, the group will continue to closely monitor market trends and may make timely adjustments to reflect the value of its assets based on market changes. Additionally, the performance for the fiscal year ending December 31, 2025, is also expected to be impacted by the smart system technology business segment. Due to competitive market conditions, the segment's overall profitability and product gross margin have declined compared to the previous year.

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Due to competitive market conditions, the segment's overall profitability and product gross margin have declined compared to the previous year.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SKYWORTH GROUP Issues Profit Warning, Anticipates 30% Decrease in Fiscal 2025 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSKYWORTH GROUP Issues Profit Warning, Anticipates 30% Decrease in Fiscal 2025 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-02-12 17:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SKYWORTH GROUP (00751) has announced an expected decrease of approximately 30% in its profit for the fiscal year ending December 31, 2025, compared to the previous fiscal year ending December 31, 2024. The anticipated decline is primarily attributed to the ongoing downturn in China's real estate market and weak sales. Within the group's modern services business segment, the construction development unit has recorded impairments on certain regional properties, leading to poor performance in this segment. In accordance with accounting standards, the group has increased provisions for impairment on relevant real estate inventory, reflecting current market conditions. Moving forward, the group will continue to closely monitor market trends and may make timely adjustments to reflect the value of its assets based on market changes. Additionally, the performance for the fiscal year ending December 31, 2025, is also expected to be impacted by the smart system technology business segment. Due to competitive market conditions, the segment's overall profitability and product gross margin have declined compared to the previous year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1557","symbol_name":"家电股","start_time":0,"source_url":"","article_id":"1144979300","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1144979300","pubTimestamp":1770887747,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"SKYWORTH GROUP (00751) has announced an expected decrease of approximately 30% in its profit for the fiscal year ending December 31, 2025, compared to the previous fiscal year ending December 31,...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1557":"家电股","00751":"创维集团","BK1096":"消费电子产品"},"translate_title":"创维集团发布盈利预警预计2025财年盈利下降30%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00751":1},"content_text":"SKYWORTH GROUP (00751) has announced an expected decrease of approximately 30% in its profit for the fiscal year ending December 31, 2025, compared to the previous fiscal year ending December 31, 2024. 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