Fullshare issues positive alert: expects RMB400.00 million profit for 2025 after RMB7.33 billion loss in 2024

Bulletin Express
Jun 10

Fullshare Holdings Limited announced a preliminary turnaround for the financial year ended 31 December 2025, projecting annual profit of no less than RMB400.00 million. This compares with a RMB7.33 billion loss reported for 2024.

The swing back to profitability is mainly attributed to the absence of the one-off impairment recognised in 2024. Last year, the Group booked approximately RMB6.63 billion in impairment losses on trade receivables and prepayments related to the trading business of China High Speed Transmission Equipment Group Co., Ltd., a major subsidiary engaged in gear transmission equipment. Management indicated that the 2024 impairment had no impact on 2025 operating performance.

Fullshare is finalising its audited results, which are scheduled for release by end-June 2026. The current figures are derived from unaudited management accounts and remain subject to auditor and audit committee review.

Trading in Fullshare’s shares has been suspended since 1 April 2026 and will continue until the publication of the 2025 audited financial statements. The company plans to issue further updates in accordance with Hong Kong Listing Rules.

Investors are advised to exercise caution when dealing in Fullshare’s shares.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10