China Aoyuan Group Warns of H1 Losses

MT Newswires Live

08/22

China Aoyuan Group (HKG:3883) said it expects to swing to loss in the first half of 2025, according to a Hong Kong bourse filing Thursday.

The company expects to post up to 9.5 billion yuan in net loss, compared to a profit of 22.1 billion yuan in the year-ago period.

China Aoyuan's financial results are due later this month.

Shares of the real estate firm fell over 2% in afternoon trade Friday.

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