RUISEN LIFE SER (01922) released a profit warning, expecting to turn a loss into a profit for the fiscal year 2025, with a minimum profit of at least 65 million yuan.

date
21:42 24/03/2026
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GMT Eight
RuiSen Life Services (01922) announced that the group expects to achieve a profit of no less than RMB 65 million by 2025, while in 2024 the loss was about RMB 20.6 million. The main reason for the change from a loss to a profit is (i) a decrease in net impairment losses on financial assets of approximately RMB 45.9 million compared to 2024; and (ii) an impairment loss of approximately RMB 53.7 million on parking space deposits obtained in 2024, with no related impairment losses in the current year.
RUISEN LIFE SER (01922) announced that the group is expecting to achieve a profit of not less than RMB 65 million by 2025, while incurring a loss of approximately RMB 20.6 million in 2024. The shift from a loss to a profit is mainly due to (i) a decrease in net impairment losses on financial assets of approximately RMB 45.9 million compared to 2024; and (ii) an impairment loss on parking spaces acquired in 2024 of approximately RMB 53.7 million, with no related impairment losses in the current year.