Zhixin Group to Swing to 2024 Loss

MT Newswires Live

2025/03/10

Zhixin Group (HKG:2187) expects a net loss of 70 million yuan for 2024, compared with a net profit of 10.1 million yuan a year prior, a Friday Hong Kong bourse filing said.

The building materials provider attributed the anticipated loss mainly to a net loss from its operations in the ready-made concrete and precast concrete components businesses.

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