FilingReader Intelligence
Ningbo Marine forecasts widening half-year loss for 2025
July 15, 2025 at 05:25 AM UTC•By FilingReader AI
Ningbo Marine Corporation expects a net loss of 340-490 million yuan for the first half of 2025, compared to 184 million yuan in the prior year period.
The widening loss is driven by weak dry bulk shipping market conditions causing low freight rates, plus reduced toll road income from increased competition and discount policies.
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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