China Reform Culture Holdings (600636.SH) releases a profit warning, anticipating a net loss of between 428 million to 348 million yuan for the fiscal year 2024.

20/01/2025

GMT Eight

China Reform Culture Holdings (600636.SH) released its 2024 annual performance forecast, with the company expecting a net loss attributable to the owners of the parent company of 3.48 billion yuan to 4.28 billion yuan in 2024. After deducting non-recurring gains and losses, the net loss attributable to the owners of the parent company is expected to be 3.94 billion yuan to 4.74 billion yuan.

Shanghai Electric Group (02727): The Jiangchuan Road Subdistrict Office of Minhang District, Shanghai and the First House Expropriation Office of Minhang District have not yet signed the "Non-Residential House Demolition Compensation Agreement" with the company for this acquisition and demolition.

Hong Kong Property Market: Last week, there were 37 property transactions in the top 20 residential areas of Hong Kong, an increase of about 60.9% compared to the previous week.

Contact: contact@gmteight.com

China Reform Culture Holdings (600636.SH) releases a profit warning, anticipating a net loss of between 428 million to 348 million yuan for the fiscal year 2024.

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