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Diwang Industrial Holdings Limited ( (HK:1950) ) has provided an announcement.
Diwang Industrial Holdings has warned that it expects to post a consolidated loss of about RMB1.8 million for the year ended 31 December 2025, compared with a profit of roughly RMB30 million a year earlier. The swing into loss is based on preliminary unaudited figures and reflects mounting pressures in the faux-leather chemicals market.
Management attributed the deterioration mainly to a sharp rise in impairment losses on accounts receivable to approximately RMB30.8 million, as customers delayed payments amid a tougher operating environment. The Group also saw selling and distribution expenses climb by about RMB35.8 million, driven by higher advertising and depreciation costs, which more than offset a roughly RMB27.9 million increase in gross profit from higher revenue.
The company is still finalising its 2025 financial statements, which remain subject to audit and potential adjustment before the full annual results are released by the end of March 2026. Diwang Industrial urged shareholders and potential investors to exercise caution when dealing in its securities in light of the expected loss and sector headwinds.
The most recent analyst rating on (HK:1950) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Diwang Industrial Holdings Limited stock, see the HK:1950 Stock Forecast page.
More about Diwang Industrial Holdings Limited
Diwang Industrial Holdings Limited is a Hong Kong-listed company operating in the faux-leather chemicals industry. The Group focuses on supplying chemical products used in faux-leather manufacturing, serving customers in a competitive market that has recently become more challenging and adversely affected receivables and operating conditions.
Average Trading Volume: 852,960
Technical Sentiment Signal: Sell
Current Market Cap: HK$86.4M
For detailed information about 1950 stock, go to TipRanks’ Stock Analysis page.