Shinghwa expects a pre-loss, with a projected net loss attributable to the parent company of 49 million to 75 million yuan for the first three quarters
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Shinghwa expects a net loss attributable to the parent company of 49 million to 75 million yuan in the first three quarters of 2025, a decrease of 60.2651 million to 86.2651 million yuan compared to the same period last year. The main reason is intense market competition, a decline in prices of certain products, and increased market investment and R&D efforts by the company, leading to higher period expenses and reduced operating profit
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