Property developer China Vanke (HKG:2202, SHE:000002) expects an attributable loss of between 12 billion yuan and 15 billion yuan in the first half of 2026, wider than 11.9 billion yuan a year prior.
The forecast was mainly due to a lower scale of settlement for real estate development projects and gross profit margins, additional provisions for asset impairment, and losses by operating businesses and certain financial investments, according to a Friday filing.
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