SUNAC (01918) issues profit warning. It is estimated that the annual shareholders' attributable loss will be approximately RMB 12-13 billion.

date
17:32 17/03/2026
avatar
GMT Eight
Country Garden (01918) has announced that as of December 31, 2025, the company's anticipated net loss attributable to owners is expected to range from RMB 12 to 13 billion, a significant decrease from the net loss of approximately RMB 25.7 billion for the year ended December 31, 2024. This decrease is mainly due to the overseas debt restructuring gains recorded in the current year. Excluding the impact of debt restructuring gains, the net loss for the current year is mainly attributed to market factors such as a significant decrease in revenue and pressure on gross profit margins, as well as further provisions for asset impairment and potential liabilities.
SUNAC (01918) announced that the expected net loss attributable to the owners of the company for the year ending December 31, 2025 is expected to be between RMB 12 billion and 13 billion, a significant decrease from the net loss of approximately RMB 25.70 billion for the year ending December 31, 2024, mainly due to the overseas debt restructuring gains recorded in the current year. Excluding the impact of debt restructuring gains, the net loss recorded for the current year is mainly due to market factors, a significant decrease in revenue and margin pressure, as well as further provisions for asset impairment and provisions for contingent liabilities.