Shandong Hi-Speed expects unaudited net profit of at least RMB140 million for the year ended Dec. 31, 2025, compared with audited net profit of about RMB693 million a year earlier. The outlook reflects a fair value gain on financial assets at fair value through profit or loss of more than RMB703 million and a revenue drop of about RMB553 million due to lower interest income from financial assets. It also includes a realised loss on disposal of debt instruments at fair value through other comprehensive income of about RMB530 million and an increase in income tax expenses of more than RMB125 million. Separately, the group said it expects to record a realised loss of about RMB530.96 million on its US$100 million notes subscription, based on estimated entitlements valued at about RMB173.76 million.
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. Shandong Hi-Speed Holdings Group Limited 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-20260318-12057908), on March 18, 2026, and is solely responsible for the information contained therein.
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