Xinchen China Power expects FY2025 profit attributable to shareholders of up to RMB21 million, down 45%

Reuters
Mar 13
Xinchen <a href="https://laohu8.com/S/02380">China Power</a> expects FY2025 profit attributable to shareholders of up to RMB21 million, down 45%

Xinchen China Power expects profit attributable to equity shareholders of no more than RMB 21 million for the year ended 31 December 2025. The company said this would be a 45% decrease from the prior year. It attributed the decline mainly to a substantially smaller reversal of impairment loss versus about RMB 88.2 million recorded in 2024. No material reversal of impairment losses is expected for 2025.

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