Aerospace CH UAV Warns of Up to 72% Slump in 2025 Profit
MT Newswires Live
Jan 29
Aerospace CH UAV (SHE:002389) expects an attributable net profit of between 25.0 million yuan and 31.0 million yuan in 2025, compared to 88.2 million yuan in the previous year.
The decrease of between 65% and 72% stemmed from delays in overseas order signings, weak demand for new materials and goodwill impairment losses, according to a Thursday filing with the Shenzhen bourse.
Shares of the aerial vehicle company closed 2% lower Thursday.
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.