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Xinhai Technology: Expected net loss of 106 million yuan in 2025
Xinhai Technology announced that it is expected to achieve an operating revenue of approximately 848 million yuan in 2025, a year-on-year increase of about 21%; net profit attributable to the parent company’s owners is around -106 million yuan, roughly 67 million yuan less than last year’s loss; net profit attributable to the parent company’s owners after deducting non-recurring gains and losses is approximately -116 million yuan, about 66 million yuan less than last year’s loss.