China Sandi Holdings Limited (Stock Code: 910) Issues Profit Warning on Estimated 2024 Loss

Bulletin Express

01/23

China Sandi Holdings Limited (Stock Code: 910) announced an expected net loss of approximately RMB4,403 million for the year ended 31 December 2024, a significant increase compared to the RMB422 million loss recorded in 2023.

The main factors contributing to this result include a reduced gross profit margin on property sales and investment property leases amid continued unfavorable macroeconomic conditions and a widespread downturn in the real estate industry in the People’s Republic of China. Additionally, the company recorded a fair value loss of approximately RMB4,334 million on its investment properties during the reporting period.

China Sandi Holdings Limited considers its overall financial position to remain healthy and remains optimistic about future prospects. The final annual results for the year ended 31 December 2024 are expected to be released in late January 2026.

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Additionally, the company recorded a fair value loss of approximately RMB4,334 million on its investment properties during the reporting period.</p>\n<p>China Sandi Holdings Limited considers its overall financial position to remain healthy and remains optimistic about future prospects. The final annual results for the year ended 31 December 2024 are expected to be released in late January 2026.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00910","symbol_name":"中國三迪","start_time":0,"source_url":"","article_id":"1131261684","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1131261684","pubTimestamp":1769178184,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"China Sandi Holdings Limited (Stock Code: 910) announced an expected net loss of approximately RMB4,403 million for the year ended 31 December 2024, a significant increase compared to the RMB422...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00910":"中国三迪"},"translate_title":"中国三迪控股有限公司（股份代号：910）就2024年估计亏损发出盈利警告","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00910":1},"content_text":"China Sandi Holdings Limited (Stock Code: 910) announced an expected net loss of approximately RMB4,403 million for the year ended 31 December 2024, a significant increase compared to the RMB422 million loss recorded in 2023.\nThe main factors contributing to this result include a reduced gross profit margin on property sales and investment property leases amid continued unfavorable macroeconomic conditions and a widespread downturn in the real estate industry in the People’s Republic of China. 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