Landsea Green Life Service Company Limited (1965) has released a positive profit alert, indicating an expected net profit attributable to equity owners of at least RMB21 million for the year ended 31 December 2025. This marks a turnaround compared to the approximate RMB318 million net loss reported for the same period in 2024.

According to the announcement, the improvement primarily stems from a decrease in provisions for impairment loss under the expected credit loss model on trade and other receivables. Management also noted that the net loss in 2024 was mainly due to a one-off impairment loss of about RMB140 million on goodwill and intangible assets.

The company states that the figures are based on unaudited management accounts and are subject to the finalization of the 2025 Annual Results, expected to be announced in late March 2026.