China Graphite (HKG:2237) expects to post a net profit of not less than 4 million yuan for 2025, compared with a net loss of about 12.5 million yuan a year earlier, according to a March 20 Hong Kong bourse filing.
Shares of the graphite company were down over 7% in Monday afternoon trade.
The company said the turnaround was mainly driven by lower administrative expenses from cost-control measures and improved customer collections.
China Graphite expects to publish its annual results by the end of March.
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