Dalipal Holdings Ltd. Announces Over 70% Year-on-Year Reduction in Net Loss for First Half of 2025

Reuters
Aug 01
Dalipal Holdings Ltd. Announces Over 70% Year-on-Year Reduction in Net Loss for First Half of 2025

Dalipal Holdings Limited has issued a profit warning, indicating a significant narrowing of its net loss for the first half of 2025 compared to the previous year. The company's unaudited consolidated management accounts suggest that the net loss for the reporting period has decreased by over 70% from the RMB69.8 million loss recorded in the first half of 2024. This improvement is largely attributed to strategic adjustments in the product structure by Dalipal Pipe Company, a wholly-owned subsidiary, which turned its operations from loss to profit year-on-year. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares.

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