FilingReader Intelligence

Changshan Beiming forecasts 60% reduction in half-year losses

July 14, 2025 at 10:21 AM UTCBy FilingReader AI

Shijiazhuang Changshan Beiming Technology forecasts a net loss of RMB90-100 million for the first half of 2025, down from RMB254 million in the prior year.

The company attributes the improved performance to increased market share and revenue growth across finance, state-owned enterprises, internet, and government sectors, plus strategic expansion into cloud computing and big data.

The divestiture of its textile business in November 2024 also positively impacted net profit.

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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