Movers | Huachen China down 10%, estimated last year's profit fell up to 40%

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Brilliance China Automotive (01114) is expected to see a profit decline of up to 40% last year, with the stock price falling as much as 16.8%, reaching a low of HKD 2.83.

As of 10:50 a.m., the stock was at HKD 3.03, down 11.9%, with a turnover of HKD 369 million.

The company issued a profit warning, expecting the profit before tax for the year ending 2025 to decrease by no more than 50% year-on-year, mainly due to the decline in performance of its main associate, Brilliance BMW Automotive, and operational losses from its major subsidiary, Gengbei (Shenyang) Automotive (which is expected to resume production in the second half of 2025).

The company expects the audited profit attributable to shareholders after tax for 2025 to decrease by no more than 40% year-on-year.

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