"Profit Warning" BEISEN HOLDING's losses significantly reduced, with a maximum loss of 23.8 million RMB in the first half of the year

BEISEN HOLDING (09669.HK) issued a profit warning, expecting a loss of between RMB 14.6 million and RMB 23.8 million for the six months ending in June, compared to a loss of RMB 99 million in the same period last year, a decrease of 76%-85%. This is mainly due to a reduction in share-based payments; and revenue is expected to increase by 15.2%-20.5%, to between RMB 503 million and RMB 526 million