# losses
Latest news and articles about losses
Total: 2 articles found
Heritage Baijiu Brand Jinzhongzi Sinks Deeper as China Resources’ Rescue Stalls
Jinzhongzi, an Anhui-based baijiu maker and former provincial heavyweight, has warned of a ¥150–190 million loss for 2025 — its fifth consecutive annual loss. The company is highly dependent on low-price and provincial sales, has failed to scale mid- and high-end channels, and remains without a permanent general manager after China Resources’ 2022 investment failed to deliver a turnaround.
Yonghui’s Painful Reinvention: Heavy Losses as China’s Supermarket Trims for a New Retail Era
Yonghui Superstores reported a large projected net loss for 2025 as it shuts and refits hundreds of outlets while pivoting from expansion to ‘quality growth’. One-off writedowns, closure costs and investments have driven five consecutive years of losses, while early signs from remodelled stores are promising but not yet material enough to offset the short-term pain.