KAISA GROUP expects the shareholders' net profit for the fiscal year 2025 to be no less than 50 billion yuan.

KAISA GROUP (01638) announced that it is expected to achieve a net profit attributable to company owners of not less than RMB 50 billion for the year ending December 31, 2025, while in the year 2024, the group recorded a net loss attributable to company owners of RMB 28.5 billion. The main reason for the turnaround from loss to profit in the current year is due to the recognition of gains from overseas debt restructuring. Excluding the impact of gains from overseas debt restructuring, the group expects to incur a net loss attributable to company owners for the current year, primarily due to a decrease in revenue and an increase in impairment provisions for property projects affected by market conditions.