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Guangzhou R&F Properties Co ( (HK:2777) ) has shared an update.
Guangzhou R&F Properties Co., Ltd. has issued a profit warning, anticipating a net loss of approximately RMB4.08 billion for the first half of 2025, a significant increase from the RMB2.33 billion loss in the same period of 2024. This financial setback is primarily due to the ongoing downturn in China’s real estate market, impacting revenue and gross profit from property development.
The most recent analyst rating on (HK:2777) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Guangzhou R&F Properties Co stock, see the HK:2777 Stock Forecast page.
More about Guangzhou R&F Properties Co
Guangzhou R&F Properties Co., Ltd. is a joint stock limited company incorporated in China, operating in the real estate industry. The company focuses on property development, a sector currently experiencing a downturn in China.
Average Trading Volume: 48,491,094
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$3.19B
For a thorough assessment of 2777 stock, go to TipRanks’ Stock Analysis page.