Beijing Jingcheng (0187) Expects Net Loss for 2025 Annual Results

Bulletin Express01-21

Beijing Jingcheng Machinery Electric Company Limited (Stock Code: 0187) disclosed an expected net loss of approximately RMB46.00 million to RMB55.20 million for the year ending 31 December 2025. According to preliminary estimates from the finance department, the company also anticipates a net loss after deducting non-recurring items ranging from roughly RMB74.60 million to RMB89.50 million.

In contrast, the company recorded a total profit of approximately RMB39.7378 million for the corresponding period of last year. Net profit attributable to the owners of the parent company in that period was about RMB7.477 million.

The company attributes the projected loss to intensifying international trade frictions adversely affecting its gas storage and transportation segment, coupled with market pressures on burgeoning hydrogen energy operations. Additionally, significant investment in new product research and development increased costs compared to the previous year.

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