FilingReader Intelligence

Changzhou Almaden forecasts RMB 15-20m half-year loss

July 15, 2025 at 05:09 AM UTCBy FilingReader AI

Changzhou Almaden forecasts a net loss of RMB 15-20 million for the first half of 2025, compared to a RMB 13.551 million profit in the same period last year.

After deducting non-recurring items, the projected loss is RMB 29-34 million versus last year's RMB 1.862 million profit. Basic earnings per share are expected to be a loss of RMB 0.08-0.1 per share.

The company attributes the loss to policy adjustments in the photovoltaic industry causing market volatility, with demand cooling and rapid price drops affecting product prices and inventory values.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:002623Shenzhen Stock Exchange
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