Beijing SinoHytec Warns of Sharply Wider 2025 Net Loss on Higher Impairments

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2026.01.30 14:41
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Beijing SinoHytec Co., Ltd. has warned of a significantly wider net loss for 2025, estimating losses between RMB550 million and RMB720 million, a year-on-year increase of 20% to 58%. The projected net loss after non-recurring items is expected to be between RMB600 million and RMB780 million, up 11% to 44% from 2024. The company cites higher credit and asset impairment charges as the main reasons for the increased losses. These figures are preliminary and subject to change in the final report, highlighting ongoing profitability pressures for shareholders.