TIMES CHINA (01233) issues profit warning, expecting a net loss of no more than 300 million yuan in 2025.

date
17:32 25/03/2026
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GMT Eight
Times China Holdings (01233) announced that as of December 31, 2025, the Group expects the net loss attributable to the owners of the company to not exceed RMB 300 million (for the year ended December 31, 2024, the net loss attributable to the owners of the company was approximately RMB 16.61 billion). The net loss attributable to the owners of the company in 2025 is expected to decrease significantly compared to 2024, mainly due to gains from overseas debt restructuring. Excluding the impact of the restructuring gains, the net loss attributable to the owners of the company for this year is expected to increase by no more than RMB 5 billion compared to 2024, mainly due to the continued weak market conditions in the Chinese real estate industry, resulting in a decrease in project revenue and pressure on gross profit margins for this year; and an increase in impairment of property projects and other assets.
TIMES CHINA (01233) announces that for the year ending December 31, 2025, the Group expects the attributable net loss to the owners of the company not to exceed RMB 300 million (for the year ending December 31, 2024: the attributable net loss to the owners of the company was approximately RMB 16.61 billion). The attributable net loss to the owners of the company for 2025 is significantly reduced compared to 2024, mainly due to gains from overseas debt restructuring. Excluding the impact of restructuring gains, the attributable net loss to the owners of the company for this year is expected to increase by no more than RMB 5 billion compared to 2024, mainly due to the continued weakness in the Chinese real estate industry, resulting in a decrease in project income earned and pressure on gross profit margins for this year; as well as an increase in impairments of property projects and other assets.