CMA LOGISTICS (01292) announces profit forecast, expecting a pre-tax profit of approximately 60 to 70 million yuan for the mid-term.

date
26/08/2025
avatar
GMT Eight
Chang'an Minsheng Logistics (01292) issued an announcement that, during the six-month period ending on June 30, 2025, the group recorded...
CMA LOGISTICS (01292) announced that during the six-month period ended on June 30, 2025, the Group recorded a profit before tax of approximately RMB 60 million to RMB 70 million (the Group recorded a profit before tax of approximately RMB 43.32 million for the same period in 2024). The Board believes that the main reasons for the increase in the Group's profit before tax are (1) the company actively exploring new markets and new customers leading to an increase in revenue year-on-year (calculated on a like-for-like basis, the Group's revenue for the first six months of 2024 was approximately RMB 4.165 billion, excluding the revenue of Shenyang Changyou Supply Chain Co., Ltd., which was approximately RMB 420 million for the same period in 2024. After selling its equity stake in Shenyang Changyou in September 2024, the Group no longer consolidates Shenyang Changyou in its financial statements); (2) an increase in gross profit margin year-on-year; and (3) the Group vigorously promoting technological innovation and model innovation, launching the "Extreme Cost Reduction Hurricane Action" cost leadership special project, and strengthening cost and expense control.