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Huaibei GreenGold Industry Investment Co., Ltd. Class H ( (HK:2450) ) has provided an update.
Huaibei GreenGold Industry Investment Co., Ltd. has warned investors that it expects to post a larger net loss attributable to equity shareholders for 2025, estimated at between RMB25 million and RMB35 million, compared with a loss of about RMB22 million a year earlier. The company said the figures are based on preliminary unaudited management accounts, with final annual results due by the end of March 2026.
Management attributed the deeper loss mainly to a sharp decline and suspension of operations in its concrete business, a further drop in aggregate prices and higher impairment provisions on property, plant and equipment. The guidance underlines continuing pressure on the group’s construction-materials operations and signals ongoing headwinds for shareholders as weak pricing and asset write-downs weigh on profitability.
The most recent analyst rating on (HK:2450) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Huaibei GreenGold Industry Investment Co., Ltd. Class H stock, see the HK:2450 Stock Forecast page.
More about Huaibei GreenGold Industry Investment Co., Ltd. Class H
Huaibei GreenGold Industry Investment Co., Ltd. is a PRC-incorporated joint stock company listed in Hong Kong, operating in building materials-related businesses including concrete and aggregates. Its revenue base is closely tied to demand and pricing in the regional construction and materials markets, exposing the group to cyclical swings in volumes and commodity-like price movements.
Average Trading Volume: 276,543
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$234.3M
See more insights into 2450 stock on TipRanks’ Stock Analysis page.