Huaibei GreenGold expects a loss attributable to equity shareholders of RMB25 million to RMB35 million for the year ended Dec. 31, 2025. The company reported a loss attributable to equity shareholders of about RMB22 million for the year ended Dec. 31, 2024. It attributed the expected loss mainly to a sharp decline and suspension of operations in its concrete business. The company also cited further declines in aggregate prices and higher impairment provisions for property, plant and equipment.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Huaibei GreenGold Industry Investment Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260313-12051018), on March 13, 2026, and is solely responsible for the information contained therein.