WEIYE HOLDINGS (01570) expects the mid-term loss attributable to shareholders to shrink by about 23 million yuan year-on-year.
Great Wall Holdings (01570) issued an announcement, expecting to acquire the ownership of the company by June 30, 2025 for the six months ending.
WEIYE HOLDINGS (01570) announced that it is expected to incur a net loss attributable to owners of the company of approximately RMB 23 million for the six months ended June 30, 2025, compared to a net loss of approximately RMB 63 million for the six months ended June 30, 2024. The decrease in expected loss is mainly attributed to a confirmed impairment loss of RMB 51 million on development properties and prepaid expenses for the six months ended June 30, 2024; and cost control measures implemented within the group for the six months ended June 30, 2025, resulting in a reduction in administrative expenses.
Related Articles
Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.
US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.
Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families
Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.
US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.
Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families
