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CHINA LIT Once Dips 8%+ as 2025 IFRS Loss Expected to Expand to Max. RMB850M
Recommend 3 Positive 2 Negative 3 |
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CHINA LIT (00772.HK) opened 3.99% lower today, and descended over 8% to a low of $40.08. It last printed at $40.26, shrinking 7.62%, with a trading volume of 9.1039 million shares, involving $377 million. CHINA LIT issued a profit warning expecting to record an IFRS loss of RMB750-850 million for the full year ended at the end of 2025, representing an increase from an IFRS loss of RMB209 million recorded in 2024, mainly attributable to an impairment of goodwill arising from New Classics Media. AASTOCKS Financial News |
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