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The latest update is out from Yuzhou Group Holdings Co., Ltd. ( (HK:1628) ).
Yuzhou Group Holdings Co., Ltd. has issued a profit warning, anticipating a significant decrease in revenue and a substantial net loss for the first half of 2025. The company’s revenue is expected to drop by 62% compared to the same period in 2024, primarily due to fewer property deliveries amidst a downturn in the Chinese real estate market. The expected net loss is attributed to several factors, including unfavorable macroeconomic conditions, impairment of real estate projects, finance costs, and exchange losses on USD-denominated notes. Stakeholders are advised to exercise caution as the company finalizes its interim results.
More about Yuzhou Group Holdings Co., Ltd.
Yuzhou Group Holdings Co., Ltd. operates in the real estate industry, focusing primarily on property development and sales in the People’s Republic of China.
Average Trading Volume: 4,770,201
Technical Sentiment Signal: Sell
Current Market Cap: HK$424.1M
For detailed information about 1628 stock, go to TipRanks’ Stock Analysis page.