Longfor forecasts FY2025 profit attributable to owners at RMB1 billion

Reuters

03/06

Longfor forecasts FY2025 profit attributable to owners at RMB1 billion

Longfor Group Holdings said profit attributable to owners for FY2025 is expected to be about RMB1 billion, down from RMB10.4 billion in FY2024. It also expects a FY2025 core net loss attributable to owners of RMB1.5 billion to RMB2 billion, versus a FY2024 core net profit of RMB6.97 billion. The company attributed the deterioration mainly to weaker property development revenue and a further contraction in gross profit margin.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Longfor Group Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260306-12044578), on March 06, 2026, and is solely responsible for the information contained therein.

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It also expects a FY2025 core net loss attributable to owners of RMB1.5 billion to RMB2 billion, versus a FY2024 core net profit of RMB6.97 billion. The company attributed the deterioration mainly to weaker property development revenue and a further contraction in gross profit margin.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/LNGPF\">Longfor Group Holdings Ltd.</a> published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260306-12044578), on March 06, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1240","symbol_name":"房地產開發","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260306:nNDLlNkws:1","article_id":"2617687889","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2617687889","pubTimestamp":1772798514,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Longfor Group Holdings said profit attributable to owners for FY2025 is expected to be about RMB1 billion, down from RMB10.4 billion in FY2024. It also expects a FY2025 core net loss attributable to owners of RMB1.5 billion to RMB2 billion, versus a FY2024 core net profit of RMB6.97 billion. The company attributed the deterioration mainly to weaker property development revenue and a further contraction in gross profit margin.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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It also expects a FY2025 core net loss attributable to owners of RMB1.5 billion to RMB2 billion, versus a FY2024 core net profit of RMB6.97 billion. The company attributed the deterioration mainly to weaker property development revenue and a further contraction in gross profit margin.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Longfor Group Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. 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