CHINANEWTOWN (01278) Issues Profit Alert, Anticipates 2025 Net Profit of Approximately RMB 76 Million

Stock News

02/16

CHINANEWTOWN (01278) has announced that for the twelve months ending December 31, 2025 (fiscal year 2025), the group expects to achieve a net profit of approximately RMB 76 million. This compares to a net profit of about RMB 56 million for the twelve months ended December 31, 2024. The projected increase in net profit for 2025 is primarily attributed to two factors. Firstly, the fair value of the group's investment property located in Wuhan remained stable during 2025, with no impairment expected, unlike the impairment of approximately RMB 19 million recognized in the year ended December 30, 2024. Secondly, the group enhanced its management of associates and joint ventures in 2025, effectively reducing their operating costs. Consequently, the losses from these associates and joint ventures are anticipated to decrease by approximately RMB 23 million in 2025 compared to the year ended December 31, 2024.

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This compares to a net profit of about RMB 56 million for the twelve months ended December 31, 2024. The projected increase in net profit for 2025 is primarily attributed to two factors. Firstly, the fair value of the group's investment property located in Wuhan remained stable during 2025, with no impairment expected, unlike the impairment of approximately RMB 19 million recognized in the year ended December 30, 2024. Secondly, the group enhanced its management of associates and joint ventures in 2025, effectively reducing their operating costs. Consequently, the losses from these associates and joint ventures are anticipated to decrease by approximately RMB 23 million in 2025 compared to the year ended December 31, 2024.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01278","symbol_name":"中国新城镇","start_time":0,"source_url":"","article_id":"1173020927","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1173020927","pubTimestamp":1771217299,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"CHINANEWTOWN (01278) has announced that for the twelve months ending December 31, 2025 (fiscal year 2025), the group expects to achieve a net profit of approximately RMB 76 million. This compares to...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01278":"中国新城镇","CYB":"人民币ETF-WisdomTree Dreyfus","BK1240":"房地产开发"},"translate_title":"中国新城(01278)发盈警，预计2025年纯利约7600万","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CYB":1,"CNHmain":1,"UCmain":1,"MUCmain":1,"MCNHmain":1,"01278":1},"content_text":"CHINANEWTOWN (01278) has announced that for the twelve months ending December 31, 2025 (fiscal year 2025), the group expects to achieve a net profit of approximately RMB 76 million. This compares to a net profit of about RMB 56 million for the twelve months ended December 31, 2024. The projected increase in net profit for 2025 is primarily attributed to two factors. Firstly, the fair value of the group's investment property located in Wuhan remained stable during 2025, with no impairment expected, unlike the impairment of approximately RMB 19 million recognized in the year ended December 30, 2024. Secondly, the group enhanced its management of associates and joint ventures in 2025, effectively reducing their operating costs. Consequently, the losses from these associates and joint ventures are anticipated to decrease by approximately RMB 23 million in 2025 compared to the year ended December 31, 2024.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}