FilingReader Intelligence
Fujian Yongan Forestry forecasts continued losses in H1 2025
July 15, 2025 at 05:28 AM UTC•By FilingReader AI
Fujian Yongan Forestry Group forecasts a net loss of RMB 16-24 million for the first half of 2025, an improvement of 16.91% to 22.06% compared to the RMB 20.5 million loss in the same period last year.
The primary reason for the expected losses is an impairment charge related to the biomass energy recycling project, which has ceased construction. The final impairment amount will be determined by an appraisal.
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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