Xizang Glacier (1115) Issues Positive Profit Alert and Announces Co-CEO Resignation

Bulletin Express
Feb 13

5100 Xizang Glacier Company Limited (Stock code: 1115) expects a net profit ranging from RMB85.00 million to RMB100.00 million (approximately HK$92.80 million to HK$109.10 million) for the year ended December 31, 2025, compared with a net loss of around RMB573.90 million (approximately HK$626.40 million) for the prior year. The net loss for 2024 included one-off impairment losses of about RMB460.00 million (approximately HK$502.00 million).

According to the information provided, the significant turnaround primarily stems from higher sales of water products in 2025, driven by consumer health awareness, rising demand for premium water sourced from Tibet, and home delivery enhancements. These figures are preliminary and have yet to be audited or reviewed. The final results may differ from the aforementioned estimates.

Xizang Glacier also announced that Co-Chief Executive Officer Mr. DU Hui resigned effective February 13, 2026, due to personal work arrangements. Mr. DU confirmed no disagreements with the Board, and the company has expressed gratitude for his contributions. Shareholders and potential investors are advised to exercise caution and refer to the final audited results for complete information.

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