DongGuan Winnerway Industry Zone (000573.SZ) issues a forecasted pre-loss, estimating a net loss of 45 to 68 million yuan in 2024, compared to a profit in the same period of the previous year.

date
22/01/2025
avatar
GMT Eight
DongGuan Winnerway Industry Zone (000573.SZ) has released its performance forecast for 2024, expecting a net loss attributable to shareholders of the listed company of 45-68 million yuan, turning from profit to loss compared to the previous year. The anticipated net profit for the 2024 fiscal year is negative, mainly due to lower operating income in the company's real estate business sector and a decrease in investment income compared to the previous year. The self-operated real estate project currently on sale is the DiTing Mountain Garden in Qiaotou, Dongguan, while the YonyaTai project in Nancheng, Dongguan, and the Huaqiao project in Kunshan, Jiangsu have not yet been launched for sale. At the same time, sales of equity cooperation projects have also declined in the current period, with few instances where the conditions for recognizing income from sold residential properties have been met, resulting in a corresponding decrease in investment income compared to the previous year. As a result, it is expected that the performance for the 2024 fiscal year will decrease compared to the previous year, with a negative net profit.

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