Asia
China High Speed Transmission Forecasts Turnaround to Profit
China High Speed Transmission Equipment Group (HKG:0658) expects a profit of at least 680 million yuan for the year ended Dec. 31, 2025, compared with a loss of 5.93 billion yuan a year prior at Dec. 31, 2024, according to a Wednesday Hong Kong bourse filing.The transmission equipment manufacturer attributed the forecast to the absence of impairment losses related to prepayments and the trade receivables from the trading business as seen in the prior-year period.
HKG:0658
