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2026-08-09 20:37:12 ZHIDA TECH (02650.HK) issued a profit warning, expecting a loss of no more than RMB120 million for the six months ended June, compared with RMB30 million recorded in the same period last year. The increase in loss was mainly due to intense market competition and rising raw material prices, which led to declines in both sales revenue and gross profit margin during the period, coupled with higher selling expenses resulting from the group's aggressive sales strategy adopted in response to competition. (de/d)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |