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Changmao Biochemical Engineering Co. Ltd. Class H ( (HK:0954) ) has issued an update.
Changmao Biochemical Engineering Company Limited has issued a profit warning, indicating an expected consolidated net loss of RMB24,000,000 to RMB27,000,000 for the first half of 2025, compared to a net loss of approximately RMB18,786,000 in the same period of 2024. The company’s financial performance has been impacted by decreased sales revenue and gross profit due to lower product selling prices and intense market competition, as well as increased interest expenses. The company advises shareholders and potential investors to exercise caution when dealing in its shares.
More about Changmao Biochemical Engineering Co. Ltd. Class H
Changmao Biochemical Engineering Company Limited is a joint stock limited company incorporated in the People’s Republic of China. The company operates in the biochemical engineering industry and is listed on the Hong Kong Stock Exchange under the stock code 954.
Average Trading Volume: 295,000
Technical Sentiment Signal: Sell
Current Market Cap: HK$177.4M
For an in-depth examination of 0954 stock, go to TipRanks’ Overview page.