Longyuan Construction: It is expected that the net profit in 2025 will be negative, estimated to be between -15 billion yuan and -10 billion yuan.

date
15/01/2026
Longyuan Construction Announcement: The net profit is expected to be negative in 2025, estimated to be between -15 billion to -10 billion. The main reason for the company's expected loss in performance is the continued pressure on the company's construction business during the reporting period. The company's new order volume has not recovered in 2025, resulting in a significant year-on-year decline in operating income. Financial expenses and other periodic expenses are still maintained at a certain scale. Additionally, due to lower than expected receipts, corresponding asset impairment provisions are made. Overall, the company is expected to still be in a loss position in 2025.