YADEA (01585) Issues Profit Alert, Forecasts Annual Net Profit of No Less Than RMB 2.9 Billion

Stock News01-06

YADEA Group Holdings Limited (01585) announced that the Group expects to record a net profit of no less than RMB 2.9 billion for the year ending December 31, 2025. This represents a significant increase compared to the net profit of RMB 1.27 billion recorded in the corresponding period of 2024.

The anticipated rise in net profit is primarily attributable to an increase in sales of electric two-wheelers and the optimization of the product mix.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment