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Zhengwei Group Holdings Company Limited ( (HK:2147) ) just unveiled an announcement.
Zhengwei Group Holdings Company Limited has issued a profit warning, indicating a significant downturn in its financial performance. The company expects to report a consolidated net loss of at least RMB108.0 million for the eighteen months ending June 30, 2025, compared to a net profit of RMB67.5 million for the year ending December 31, 2023. This decline is attributed primarily to a substantial increase in direct material costs, which has led to higher cost of sales and a consolidated gross loss. The company’s annual results are still being finalized and are expected to be published by September 30, 2025.
More about Zhengwei Group Holdings Company Limited
Average Trading Volume: 9,064,821
Technical Sentiment Signal: Hold
Current Market Cap: HK$51.52M
For an in-depth examination of 2147 stock, go to TipRanks’ Overview page.