Rongta Technology (Xiamen) Group Co. Ltd. warned that net profit for FY2025 is expected to be at least RMB3 million, down from RMB41.3 million in FY2024. The decline is mainly attributed to lower revenue from delayed government policy implementation and customer procurement delays or changes. The company also cited higher general and administrative expenses driven by one-off listing costs and increased staff costs. Selling and marketing expenses rose due to increased e-commerce activities.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rongta Technology (Xiamen) Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260306-12044670), on March 06, 2026, and is solely responsible for the information contained therein.
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