LANDSEA LIFE (01965) Announces Profit Growth It is expected that the net profit attributable to shareholders in 2025 will not be less than RMB 21 million, turning losses into profits year-on-year.

date
20:23 10/02/2026
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GMT Eight
Langshi Green Living (01965) announced that it is expected that the net profit attributable to equity holders of the Company for the year ending December 31, 2025 will be no less than RMB 21 million, while the net loss attributable to equity holders of the Company for the year ending December 31, 2024 is expected to be approximately RMB 318 million. The increase in net profit attributable to equity holders of the Company for the year ending December 31, 2025 is due to a decrease in impairment provision for trade receivables and other receivables under the expected credit loss model. In addition, the net loss attributable to equity holders of the Company for the year ending December 31, 2024 was mainly due to one-time impairment losses on goodwill and intangible assets of approximately RMB 140 million.
LANDSEA LIFE (01965) announced that the Group is expected to achieve a net profit attributable to equity holders of the Company of not less than RMB 21 million for the year ending December 31, 2025, while the net loss attributable to equity holders of the Company for the year ending December 31, 2024 is estimated to be approximately RMB 318 million. The increase in net profit attributable to equity holders of the Company for the year ending December 31, 2025 is due to a decrease in impairment provision for trade receivables and other receivables under the expected credit loss model. Additionally, the net loss attributable to equity holders of the Company for the year ending December 31, 2024 was mainly attributed to one-off impairment losses on goodwill and intangible assets of approximately RMB 140 million.