COUNTRY GARDEN Projects Annual Profit Between 1-2.2 Billion Yuan, Rebounding from Loss

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COUNTRY GARDEN (02007) has announced a forecast indicating a profit for the fiscal year ending December 31, 2025. The projected profit is estimated to be in the range of approximately 1 billion to 2.2 billion yuan. This represents a significant improvement compared to the loss of about 35.145 billion yuan recorded for the previous fiscal year ending December 31, 2024.

According to currently available information, the primary reason for the return to profitability is a non-cash gain recognized upon the completion of the group's debt restructuring. Excluding the impact of this debt restructuring gain, the group would have reported a loss. This underlying loss was mainly attributed to pressure on the gross profit margin of its development business due to industry-wide challenges, coupled with further impairment provisions made on certain assets and property projects.

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The projected profit is estimated to be in the range of approximately 1 billion to 2.2 billion yuan. This represents a significant improvement compared to the loss of about 35.145 billion yuan recorded for the previous fiscal year ending December 31, 2024.</p>\n<p>According to currently available information, the primary reason for the return to profitability is a non-cash gain recognized upon the completion of the group's debt restructuring. Excluding the impact of this debt restructuring gain, the group would have reported a loss. This underlying loss was mainly attributed to pressure on the gross profit margin of its development business due to industry-wide challenges, coupled with further impairment provisions made on certain assets and property projects.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02007","symbol_name":"碧桂园","start_time":0,"source_url":"","article_id":"1114209638","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1114209638","pubTimestamp":1774267386,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"COUNTRY GARDEN (02007) has announced a forecast indicating a profit for the fiscal year ending December 31, 2025. 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