CHAODA MODERN Issues Profit Warning, Anticipates Interim Loss Attributable to Shareholders of Approximately RMB 10 Million

Stock News
Feb 24

CHAODA MODERN (00682) has announced that the group expects to record a loss attributable to company owners of approximately RMB 10 million for the period ending December 31, 2025. This compares to a loss attributable to company owners of approximately RMB 7 million for the six-month period ended December 31, 2024. The board of directors attributes the anticipated increase in loss primarily to an expected rise of approximately RMB 3 million in the impairment loss on trade receivables compared to the same period last year.

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