Century United Holdings Issues Profit Alert, Anticipates 61% Reduction in Net Comprehensive Loss for 2025

Stock News
Mar 16

Century United Holdings (01959) announced that the group expects to report revenue of approximately RMB 898 million for the fiscal year ending December 31, 2025. This compares to revenue of about RMB 1.242 billion for the previous fiscal year ended December 31, 2024. The group anticipates a net comprehensive loss of approximately RMB 35 million for the 2025 reporting period, representing a significant decrease of 61% compared to the net comprehensive loss of about RMB 90 million reported for the same period last year. The board of directors attributes the expected reduction in the net comprehensive loss primarily to the optimization and consolidation of underperforming stores following strategic operational adjustments, coupled with a decrease in administrative and sales expenses. These measures have contributed to a substantial narrowing of the group's net comprehensive loss compared to the prior year period.

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