Champion Alliance International Warns of 2025 Loss
MT Newswires Live
Mar 20
Champion Alliance International (HKG:1629) expects an attributable loss of between 24 million yuan and 28 million yuan for 2025, compared with an attributable profit of 3 million yuan a year prior, according to a Friday Hong Kong bourse filing.
The packaging paper maker attributed the forecast to a provision for impairment of trade receivables and other receivables.
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.