BEIJING N STAR (00588) Issues Profit Warning, Anticipates Net Loss Attributable to Shareholders of Approximately RMB 1.566-1.939 Billion in H1

Stock News

08/19

BEIJING N STAR (00588) announced that due to anticipated fair value adjustment losses on investment property revaluations of approximately RMB 152.4 million to RMB 188 million, the company projects a net loss attributable to shareholders of approximately RMB 1.566 billion to RMB 1.939 billion for the first half of 2025, compared to a net loss attributable to shareholders of approximately RMB 770 million in the first half of 2024. The company noted that these fair value losses are non-cash items and do not affect the group's operational cash flow.

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