China Treasures New Materials expects FY2025 net profit attributable to shareholders of at least RMB28 million

Reuters03-23

China Treasures New Materials expects FY2025 net profit attributable to shareholders of at least RMB28 million

China Treasures New Materials expects net profit attributable to equity shareholders to be no less than RMB28.0 million, compared with RMB111.2 million previously.
The company cited lower gross profit due to reduced revenue, driven by weaker sales of biodegradable shopping bags and biodegradable produce bag rolls.
It also reported higher research and development expenses and the absence of one-off items recognized previously, including a lease payment refund and a government grant.

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. China Treasures New Materials Group 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-20260323-12063736), on March 23, 2026, and is solely responsible for the information contained therein.

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