Joy City Property Warns of 2024 Loss

MT Newswires Live

2025/03/04

Joy City Property (HKG:0207) expects an attributable loss of between 240 million yuan and 340 million yuan for 2024, compared with an attributable profit of 340 million yuan in 2023.

The property company attributed the forecast to a lower profit share from associates and joint ventures and decreased gain on the disposal of certain subsidiaries, a Feb. 28 filing said.

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