Pu'er Lancang Ancient Tea (HKG:6911) expects a net loss of between 28 million yuan and 32 million yuan in the first half of 2025, compared with an attributable profit of 5.1 million yuan a year prior, a late Aug. 8 Hong Kong bourse filing said.
Shares of the tea products manufacturer were down 3% in Monday afternoon trading.
The firm attributed the forecast to a decline in operating revenue.
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.