RS MACALLINE (01528) announced that, based on preliminary calculations by the company's finance department, it expects the net profit attributable to owners of the parent company for the 2025 fiscal year to be negative. This is primarily due to the persistent downturn in the real estate market, which has weakened demand in the home retail sector. The company's leasing and management revenues have remained at low levels and have been fluctuating over the past two years, with rental rates experiencing a significant decline compared to previous years. A shift in market sentiment and rental expectations has led the company to adjust its forecasts for future rental income, resulting in a substantial decrease in the value of its investment properties. Concurrently, based on the latest recoverable amounts of various assets, the company has conducted preliminary assessments of the recoverable amounts as of the end of 2025 and made corresponding impairment provisions. For the reasons stated above, preliminary calculations indicate that the company expects to report a net loss attributable to owners of the parent company in its consolidated financial statements for 2025.
- Like
- Comment
- Favorite
RS MACALLINE (01528) Issues Profit Warning, Anticipates Net Loss for 2025
Stock News01-16
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Like
Report
Login to post
No comments yet