CHANHIGH Warns of Profit Decline, Expects H1 Net Profit to Fall to RMB 2-8 Million
Stock News
Aug 17
CHANHIGH (02017) has issued a profit warning, projecting that its attributable profit to owners for the first half of 2026 will range from approximately RMB 2 million to RMB 8 million. This marks a significant drop compared to the attributable profit of about RMB 15.5 million recorded in the same period of 2025.
The anticipated decline in profit is primarily attributed to a reduction in overall construction project revenue, driven by the sluggish conditions prevailing in mainland China's construction industry.
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