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.