CHANGAN RH (08139) Issues Profit Warning, Expects Interim Loss of Approximately 3 Million Yuan, Turning from Profit to Loss Year-over-Year
Stock News
Aug 22, 2025
CHANGAN RH (08139) announced that the Group expects to record a loss of approximately RMB 3 million for the six months ending June 30, 2025, compared to a net profit of approximately RMB 2.8 million achieved in the corresponding period ending June 30, 2024.
The announcement stated that despite an increase in sales revenue, the expected loss is primarily attributed to a decline in the Group's gross profit margin during the current period compared to the previous period. This decline resulted from increases in both raw material and energy costs. Additionally, the current period's sales costs were higher due to increased distribution expenses.
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