CIG Shanghai Expects Up to 67% Higher Profit for 2025

MT Newswires Live01-19 12:09

CIG Shanghai (HKG:6166, SHA:603083) said it expects to post 51% to 67% higher profit for 2025, according to a Hong Kong bourse filing Friday.

Shares of the data transmission device maker fell over 9% in late morning trade Monday.

The company expects to post 252 million yuan to 278 million yuan in attributable profit for the year, compared with the 166.7 million yuan booked in 2024.

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