Global New Material expects FY2025 shareholder loss of RMB370 million to RMB390 million

Reuters
Mar 19
Global New Material expects FY2025 shareholder loss of RMB370 million to RMB390 million

Global New Material expects a loss attributable to shareholders of RMB370-390 million for FY2025, versus a profit attributable to shareholders of about RMB242 million in FY2024. The company also forecasts a FY2025 loss for the year of RMB280-320 million, compared with a profit for the year of about RMB320 million in FY2024. It said the FY2025 result includes about RMB220 million of one-off acquisition transaction costs and professional fees related to the Merck global surface solutions business acquisition completed on 31 July 2025. The FY2025 outlook also reflects about RMB180 million of fair value adjustments and intangible asset amortisation, plus about RMB140 million of integration expenses including transitional service agreement fees. Global New Material expects FY2025 revenue of about RMB2.8-3.0 billion, up 72-80% from FY2024, and said it expects positive EBITDA for FY2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global New Material International Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260319-12058220), on March 18, 2026, and is solely responsible for the information contained therein.

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