Central China (00832) issued a profit warning, expecting the shareholders' deficit for 2025 to be approximately RMB 2.8 billion to 3.2 billion yuan.
Jianye Real Estate (00832) announced that it is expected to record a loss attributable to equity shareholders of the company of approximately RMB 2.8 billion to RMB 3.2 billion for the year ending December 31, 2025, compared to approximately RMB 3.308 billion for the year ending December 31, 2024. The loss is mainly due to the combined impact of the macroeconomic situation and the continued downturn in the real estate market, resulting in estimated impairment provisions for inventory and accounts receivable; as well as a decrease in recognized real estate revenue and gross profit margin, which did not cover the company's cost expenses.
CENTRAL CHINA (00832) announced that the Group is expected to incur a net loss attributable to equity shareholders of approximately RMB 2.8 billion to RMB 3.2 billion for the year ending December 31, 2025, compared to approximately RMB 3.308 billion for the year ending December 31, 2024. The expected net loss is mainly due to the impact of the macroeconomic situation and the continued downturn in the real estate market, which led to estimated provisions for inventory and accounts receivable impairment; as well as a decrease in recognized real estate revenue and gross profit margin, which did not cover the Group's cost expenses.
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