ZONQING LTD (01855) issues profit warning: FY2025 attributable profit projected to fall to RMB15.00–35.00 million

Bulletin Express03-18

ZONQING LTD (01855) has released a profit warning, indicating that preliminary unaudited consolidated management accounts for the fiscal year ended 31 December 2025 (FY2025) suggest attributable profit will decline to between RMB15.00 million and RMB35.00 million. This compares with an attributable profit of approximately RMB40.00 million recorded in FY2024, representing a potential year-on-year decrease of roughly 12.5%–62.5%.

The Board attributes the expected earnings contraction primarily to a higher share of losses from associates and joint-ventures operations. Final audited figures are still being prepared and may differ from the current estimate.

The company plans to publish its audited FY2025 results in late March 2026, in accordance with Hong Kong Listing Rules. Shareholders and potential investors are urged to exercise caution when trading the company’s securities until the full results are released.

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