Xinji Ao RV Forecasts Net Profit Decline for 2025
Motorhome manufacturer Xinji Ao RV has released preliminary unaudited figures for the 2025 fiscal year. The company expects its net profit to range fr...
Motorhome manufacturer Xinji Ao RV has released preliminary unaudited figures for the 2025 fiscal year. The company expects its net profit to range from 31 to 40 million yuan, representing a decrease of 12.07% to 31.85% compared to 2024. The decline is attributed to macroeconomic volatility, a sales downturn in Australia, low margins on new hybrid off-road travel trailer models, and increased costs from expanding its dealership network.