Zhong Shen Jian Ye (02503) Issues Profit Warning, Anticipates Net Loss Attributable to Owners of Approximately RMB 16-20 Million for 2025

Stock News
Jan 28

Zhong Shen Jian Ye (02503) has announced that the Group expects to record a net loss attributable to owners of the company ranging between approximately RMB 16 million and RMB 20 million for the 2025 fiscal year. This contrasts sharply with the net profit attributable to owners of approximately RMB 1.944 million achieved in the year ended December 31, 2024 (the 2024 fiscal year). The shift from profit to loss in 2025 is primarily attributed to a decrease in the number of engineering and construction projects compared to 2024, leading to a reduction in the Group's revenue.

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