FilingReader Intelligence
Red Arrow forecasts significant half-year loss
July 11, 2025 at 08:51 AM UTC•By FilingReader AI
North Industries Group Red Arrow forecasts a net loss of RMB 30-58 million for the first half of 2025, compared to a RMB 44.59 million profit in the same period last year.
The downturn is attributed to competitive markets for super-hard materials, reduced demand, and decreased profitability in the special equipment sector.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
SZSE:000519•Shenzhen Stock Exchange
News Alerts
Get instant email alerts when North Industries Group Red Arrow publishes news
Free account required • Unsubscribe anytime