China Energy Storage Technology Development Limited Issues Profit Warning for FY2025

Hong Kong — China Energy Storage Technology Development Limited (Stock code: 1143), formerly known as Link-Asia International MedTech Group Limited, has issued a significant profit warning concerning its financial results for the year ended 31 December 2025.

Key Highlights

• Expected Net Loss: The Group anticipates a net loss in the range of HK\$40 million to HK\$48 million for FY2025. This marks a dramatic turnaround from the net profit of approximately HK\$6.3 million reported for FY2024.
• Primary Reason for Loss: The Board attributes this sharp reversal mainly to a decrease in revenue during the year 2025.
• Preliminary Nature: The figures are based on the Group’s unaudited consolidated management accounts, which have not been audited or reviewed by the Company’s auditor or audit committee. The final results may be subject to adjustments.
• Results Announcement: The audited annual results for FY2025 are expected to be published by the end of March 2026.

Important Information for Shareholders and Investors

• Significant Earnings Deterioration: The transition from a net profit in FY2024 to a substantial net loss in FY2025 is a notable and potentially price-sensitive development. Such a pronounced swing in financial performance could have a material impact on investor sentiment and the Company’s share price.
• Revenue Decline: The Board has specifically cited a reduction in revenue as the main cause for the expected losses. The nature and extent of this revenue drop has not been detailed, and investors should closely monitor future announcements for more context and possible operational challenges.
• Pending Final Audited Results: Since the numbers are preliminary and may be subject to change, shareholders should await the release of the audited annual results for complete and verified financial information.
• Advisory on Trading: The Company has expressly advised shareholders and potential investors to exercise caution when dealing in its shares, highlighting the uncertainty and potentially adverse impact of the expected loss on share value.

Board Composition

As of the date of the announcement, the Board is comprised of Co-Chairmen Mr. Lin Dailian and Mr. Wang Wei, along with executive Directors Mr. Liu Zhiwei, Ms. Wu Jingjing, and Ms. Bian Sulan. Independent non-executive Directors include Mr. Li Huiwu, Mr. Wu Chi King, and Ms. Zhang Xiulin.

Next Steps

Investors should pay close attention to the Company’s forthcoming annual results announcement, expected by the end of March 2026, for further details and confirmed financial data. Any significant changes or additional disclosures ahead of the audited results may also be price sensitive.

Disclaimer

The information in this article is based on a preliminary profit warning issued by China Energy Storage Technology Development Limited. It constitutes neither an audited financial statement nor official guidance. Investors are urged to perform their own due diligence and consult with their financial advisors before making any investment decisions. The Company’s share price may be volatile in light of this announcement.

View CN ENGY STORAGE Historical chart here