- Hevol Services Group expects a net loss after tax of RMB40.5 million to RMB50.5 million, compared with a net profit after tax of RMB86.6 million in 2024.
- Loss attributable to shareholders is forecast at RMB57.0 million to RMB67.0 million, versus RMB54.4 million profit attributable to shareholders in 2024.
- Lower gross profit margin was cited, driven by early-stage investment in new property management projects and lower margins for public building projects.
- Higher provision for credit impairment of trade and other receivables was also cited.
- One-off losses were reported from disposals of 51% stakes in Jiangsu Shenhua Times Property Group and Zhongshan Zhongzheng Property Management.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hevol Services Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260323-12063678), on March 23, 2026, and is solely responsible for the information contained therein.