C TRANSMISSION projects at least RMB680 million profit for 2025, overturning RMB5.93 billion loss in 2024

Bulletin Express06-10

China High Speed Transmission Equipment Group Co., Ltd. (C TRANSMISSION) released a positive profit alert indicating an expected turnaround to a profit of no less than RMB680.00 million for the year ended 31 December 2025. The group posted a RMB5.93 billion loss in 2024, implying an earnings swing of about RMB6.61 billion year-on-year.

Management attributes the improvement primarily to the absence of a one-off impairment loss of approximately RMB6.63 billion on prepayments and trade receivables from its trading business that was booked in 2024. The company stated that this impairment had no impact on ongoing operations in 2025.

The 2025 results remain subject to final audit. The audited annual report is scheduled for release by end-June 2026. Trading in C TRANSMISSION shares has been suspended since 1 April 2026 and will continue to be halted until the 2025 audited results are published. Investors are advised to exercise caution when dealing in the company’s shares.

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