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Profits Slashed in Half: What Caused the 66.9-Billion-Yuan 'King of Africa' to Lose Its Edge?
3 day ago /
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Author：小编
On January 29, Transsion Holdings unveiled its annual performance forecast for 2025. Based on preliminary estimates from the finance department, the company anticipates a roughly 4.58% year-on-year decline in its 2025 revenue, which is expected to fall to 65.568 billion yuan. The net profit attributable to shareholders is forecast to plummet by 54.11% year-on-year, landing at 2.546 billion yuan. Moreover, the net profit after deducting non-recurring gains and losses is projected to experience a substantial 58.06% year-on-year drop, reaching 1.904 billion yuan, painting a rather bleak picture of the company's performance.
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