BAIYING HOLDING (08525) Issues Profit Alert, Anticipates 2025 Profit Not Exceeding Approximately RMB 8 Million, Turning Around from Loss

Stock News03-20

BAIYING HOLDING (08525) has announced that the group expects to achieve a profit not exceeding approximately RMB 8 million in 2025. This represents a turnaround from the loss of approximately RMB 17.3 million incurred in 2024. The anticipated turnaround to profitability is primarily attributed to (i) a significant increase in profit from continuing operations, specifically financial services and packaging & paper product trades, rising from about RMB 10 million in the 2024 financial year to not more than approximately RMB 20 million in the 2025 financial year; and (ii) strategic adjustments to the group's business operations, including the disposal of the group's vinegar business during the 2025 financial year, which had recorded a loss of approximately RMB 27.3 million in the 2024 financial year.

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