Skyworth Group Expects 30% Profit Drop for 2025

Reuters
Feb 12
Skyworth Group Expects 30% Profit Drop for 2025

Skyworth Group Limited announced that it expects to record a decrease in profit of approximately 30% for the year ended 31 December 2025 compared to the previous year. The decline in profit is mainly attributed to a prolonged downturn and sluggish sales in China’s real estate market, which resulted in impairment provisions.

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