Central China Real Estate Limited (stock code: 00832) issued a profit warning, projecting a loss attributable to equity shareholders of RMB2.80 billion to RMB3.20 billion for the year ended 31 December 2025. The expected deficit is moderately narrower than the RMB3.31 billion loss recorded in FY2024.
Management attributes the continued red ink to two factors: 1) additional impairment provisions against inventories and receivables amid a sluggish property market; and 2) lower revenue recognition and compressed gross profit margins, which were insufficient to offset operating costs and expenses.
The figures are based on unaudited management accounts and may be adjusted before the final results are released on or before 27 March 2026. Shareholders and potential investors are advised to exercise caution when dealing in the Company’s shares.
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