Shenyang Public Utility Development Co., Ltd. (00747) issued a profit warning, expecting pre-tax loss to increase by approximately 60% to 70% compared to 2025.
Shenyang Public Development Corporation (00747) announced that the group is expected to increase its pre-tax loss by about 60%70% compared to 2024, with a pre-tax loss of approximately 104 million yuan in 2024. The increase in pre-tax loss is mainly due to the increase in losses from changes in the fair value of investment properties, as well as an increase in losses from the disposal of properties under development.
Shenyang Public Development Co., Ltd. (00747) announced that the group expects its pre-tax loss to increase by about 60%-70% year-on-year in 2025, with a pre-tax loss of approximately 104 million yuan in 2024. The increase in pre-tax loss is mainly due to the increased loss from changes in fair value of investment properties and the increased loss from properties in the process of being sold.
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