Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
China Qinfa Group Ltd. ( (HK:0866) ) just unveiled an update.
China Qinfa Group Ltd. has issued a profit warning, indicating an expected loss after taxation of up to RMB168 million for the first half of 2025, compared to a profit of RMB60.8 million in the same period of 2024. This downturn is attributed to a decrease in coal selling prices, reduced production volumes in discontinued operations, and foreign exchange losses due to currency depreciation. The company advises stakeholders to exercise caution in dealing with its securities as it finalizes its interim results.
More about China Qinfa Group Ltd.
China Qinfa Group Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the coal industry. The company focuses on coal production and sales, with operations that include both discontinued and continuing segments.
Average Trading Volume: 7,784,545
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.56B
See more insights into 0866 stock on TipRanks’ Stock Analysis page.