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<Warning>CHINA OVS PPT Expects Full-yr NP to Drop 9-10%
Recommend 3 Positive 1 Negative 8 |
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CHINA OVS PPT (02669.HK) expected the overall revenue for the fiscal year ended 31 December 2025 to increase by approx. 5-7% YoY, and gross profit/ profit attributable to ordinary equity holders to decrease by approx. 3-4%/ 9-10% YoY, as announced by CHINA OVS PPT. The amortization expenses for research and development costs increased due to investments in intelligent engineering projects under the value-added services to non-residents, resulting in this segment recording a loss for the first time, the Company added. Meanwhile, the gross profit margins of other engineering businesses generally declined due to intense price competition. AASTOCKS Financial News Website: www.aastocks.com |
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