Xiamen C&D Forecasts Attributable Loss in 2025

MT Newswires Live

01/19

Xiamen C&D (SHA:600153) expects to incur a net attributable loss to shareholders in 2025, according to a Saturday disclosure to the Shanghai bourse.

The loss is attributable to a negative settlement profit, higher inventory write-downs from its real estate subsidiary Lianfa, and impairments from its home furnishing mall subsidiary Red Star Macalline Home Furnishings.

Shares closed 3% lower on Monday.

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