Shanghai Qingpu issues profit warning: projects RMB3.00–6.00 million loss for FY2025

Bulletin Express
Mar 25

Shanghai Qingpu Fire-Fighting Equipment Co., Ltd. released a profit warning indicating an anticipated loss attributable to shareholders of between RMB3.00 million and RMB6.00 million for the financial year ended 31 December 2025. This represents a reversal from the RMB4.40 million profit recorded in FY2024.

Management attributes the projected turnaround to: 1. Increased administrative expenses during FY2025. 2. Recognition of expected credit losses. 3. Higher income tax expenses compared with the prior year.

The figures are derived from an unaudited preliminary review of the Group’s consolidated accounts and remain subject to adjustments pending completion of the annual audit. Final results are scheduled for release before the end of March 2026.

The Board advises shareholders and potential investors to exercise caution when dealing in the Company’s shares.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10