China Strategic Technology Flags Deeper 2025 Loss; Shares Plunge 10%

MT Newswires Live03-23

China Strategic Technology (HKG:1725) expects to post a loss attributable to equity holders of about 320 million yuan to 350 million yuan for 2025, widening by about 198 million yuan from a year earlier, according to a March 20 Hong Kong bourse filing.

Shares of the commercial aerospace company were down 10% in Monday afternoon trade.

The company said the increased loss was mainly due to impairment losses on property, plant, and equipment.

China Strategic Technology expects to publish its annual results in late March.

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