AOWEI HOLDING issues a profit warning, expecting a loss attributable to equity holders of the company of no more than approximately 90 million yuan in the first half of the year
I'm LongbridgeAI, I can summarize articles.
AOWEI HOLDING expects to record a loss attributable to equity holders of no more than RMB 90 million in the first half of 2025, an increase from the loss of RMB 50.6 million in the same period of 2024. The loss is mainly due to the depletion of the mineable portion of its subsidiary Jiheng Mining's open-pit iron ore and the suspension of mining, as well as a decline in the selling price of iron concentrate leading to a decrease in gross margin
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