FilingReader Intelligence
China MeiDong Auto warns of substantial interim loss
August 20, 2025 at 08:43 AM UTC•By FilingReader AI
China MeiDong Auto Holdings expects losses of at least 800m yuan for the six months ended June 30, compared to 30m yuan previously.
The projected loss stems from weakening consumption, intensified price wars, and an estimated 800m yuan non-cash impairment on goodwill and dealership rights.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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HKEX:1268•Hong Kong Exchange
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