Xinji Ao RV's Profit Decline in First Year After IPO
RV manufacturer Xinji Ao RV forecasts net profit for FY2025 between 31 and 40 million yuan, representing a decline of up to 31.85%. Key reasons includ...
RV manufacturer Xinji Ao RV forecasts net profit for FY2025 between 31 and 40 million yuan, representing a decline of up to 31.85%. Key reasons include a demand slump in its core Australian market due to interest rate hikes, negative gross margin for a new trailer model, and increased operating expenses from aggressive self-operated store expansion.