Dowell Service Group Signals Return to Profit on Lower Impairment Charges

An announcement from DOWELL SERVICE GROUP CO. LIMITED Class H ( (HK:2352) ) is now available.

Dowell Service Group Co. Limited, a Hong Kong-listed PRC company, reported that its latest unaudited management accounts indicate a return to profitability for the year ended 31 December 2025. The turnaround follows a prior-year loss driven largely by heavy impairment provisions on trade receivables from real estate developers and certain third-party customers.

For 2025, the group expects to post a profit between RMB20 million and RMB40 million, compared with a loss of about RMB61.6 million in 2024, mainly because no significant impairment provisions were required this year. The company cautioned that the figures are preliminary and unaudited, and advised shareholders and potential investors to await the formal annual results, due in late March 2026, and to exercise care when dealing in its shares.

More about DOWELL SERVICE GROUP CO. LIMITED Class H

Dowell Service Group Co. Limited is a PRC-incorporated company listed in Hong Kong under stock code 2352. It operates through a group structure, but the announcement does not specify its exact industry or core services, focusing instead on its financial performance and relationship with real estate developer and third-party customers.

Average Trading Volume: 1,975

Technical Sentiment Signal: Sell

Current Market Cap: HK$320.2M

For a thorough assessment of 2352 stock, go to TipRanks’ Stock Analysis page.