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Fineland Real Estate Services Group ( (HK:9978) ) has provided an announcement.
Fineland Living Services Group issued a clarification regarding clerical errors in the Chinese version of its 2025 annual results announcement, while confirming that the English version remains accurate. The corrected Chinese text discloses that sales and marketing expenses rose to about RMB0.6 million in 2025 due to brand system upgrades and promotional activities, and reiterates that the group recorded a net loss of approximately RMB71.46 million with current liabilities exceeding current assets by about RMB61.43 million, highlighting material uncertainty over its ability to continue as a going concern, though the auditors’ opinion was not modified.
The company stressed that aside from these textual corrections, all other information in the Chinese results announcement is unchanged and the clarified figures align with the previously released audited financial statements. The update aims to ensure consistency between the Chinese and English disclosures for investors, while drawing attention to the group’s ongoing financial pressures, which may affect stakeholder confidence and underscore the need for strengthened liquidity and operational measures.
The most recent analyst rating on (HK:9978) stock is a Hold with a HK$0.08 price target. To see the full list of analyst forecasts on Fineland Real Estate Services Group stock, see the HK:9978 Stock Forecast page.
More about Fineland Real Estate Services Group
Fineland Living Services Group Limited, formerly known as Fineland Real Estate Services Group Limited, is a Cayman Islands-incorporated company listed in Hong Kong that operates in the property-related services sector. The group focuses on living services linked to real estate projects, including activities to enhance brand recognition and marketing of its service offerings in the mainland China market.
Average Trading Volume: 502,133
Technical Sentiment Signal: Sell
Current Market Cap: HK$21.6M
See more data about 9978 stock on TipRanks’ Stock Analysis page.