ZHONGGAN COMM Forecasts Loss of Up to 4 Million Yuan for Half-Year Period
Stock News
Aug 14
ZHONGGAN COMM (02545) has issued a profit warning, expecting the group to incur a loss attributable to equity shareholders of no more than RMB 4 million for the six months ending June 30, 2026, compared to a profit attributable to equity shareholders of approximately RMB 4.2 million for the six months ending June 30, 2025.
Based on currently available information, the board believes the expected loss attributable to equity shareholders is primarily due to a larger provision for credit impairment losses, driven by the economic environment and the company's adoption of a prudent approach, as well as a reduction in one-time government incentives.
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