SOFE issued a profit warning, expecting a year-on-year decline of 55%-60% in net profit attributable to the parent company for the first half of the year
I'm LongbridgeAI, I can summarize articles.
SOFE expects its net profit attributable to shareholders in the first half of 2025 to be between 26 million and 30 million yuan, a year-on-year decrease of 55%-60%. The decline in performance is mainly due to the impact of the product delivery and settlement cycle, an overall decrease in revenue year-on-year, and a change in revenue structure leading to a decline in revenue from oil machinery equipment with a higher gross profit margin, while revenue from oil and gas steel pipes with a lower gross profit margin has increased
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments