CHINA WEAVING (03778) released its annual performance, with a net loss of 6.7 million yuan attributable to shareholders, a decrease of 43% year-on-year.
China Weaving Holdings (03778) announced its annual performance for the year ending December 31, 2025. The company achieved revenue of 1.096 billion yuan, a decrease of 14.53% compared to the same period last year. The company incurred a net loss attributable to owners of 6.7 million yuan, a decrease of 43% year-on-year, with a basic loss per share of 5.35 yuan.
China Weaving (03778) announced its annual performance for the year ending December 31, 2025. The company achieved a revenue of 1.096 billion yuan, a decrease of 14.53% compared to the previous year. The company's attributable net loss was 6.7 million yuan, a decrease of 43% compared to the previous year, with a basic loss per share of 5.35 cents.
The announcement stated that the decrease in operating income was mainly due to a decrease in sales volume and a decrease in average selling price of yarn products. The sales volume decreased from approximately 101,500 tons in the year ending December 31, 2024 to approximately 96,800 tons in the year ending December 31, 2025.
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