It is expected that the net profit in the first half of the year will be approximately 168 million yuan, a decrease of 86.69% year-on-year.
On the evening of July 14, Huafa Group disclosed its performance forecast. The company expects to achieve a net profit attributable to shareholders of listed companies of approximately 168 million yuan in the first half of 2025, a year-on-year decrease of around 86.69%. During the reporting period, affected by the market environment, the gross profit margin of real estate projects decreased year-on-year. The company plans to make provision for impairment of assets for some projects based on market conditions, leading to a 53.4% year-on-year decrease in total profit; the net profit attributable to shareholders of listed companies decreased by 86.69% year-on-year, mainly due to the decrease in total profit and changes in the equity structure of transferred projects. On the same day, the company also announced a brief report on its operations in the first half of 2025. As of June 30, 2025, the company achieved sales of 50.22 billion yuan, an 11% increase compared to the same period last year; the sales area was 1.898 million square meters, a 14% increase compared to the same period last year.
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