Powerlong Real Estate expects FY2025 loss of RMB7.0 billion

Reuters
Yesterday
Powerlong Real Estate expects FY2025 loss of RMB7.0 billion
  • Powerlong expects a loss for the year ended Dec. 31, 2025 of RMB6.6 billion to RMB7.0 billion, compared with RMB5.5 billion a year earlier.
  • Core losses attributable to owners are forecast at RMB3.4 billion to RMB3.8 billion, versus RMB3.1 billion in the prior year.
  • Drivers cited include impairment provisions for property projects and a decrease in fair value of investment properties.
  • The company also cited a decrease in share of results of joint ventures and associates.


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. Powerlong Real Estate Holdings 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-20260323-12063106), on March 23, 2026, and is solely responsible for the information contained therein.

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