Greentown China Expects 2025 Profit to Fall 95%

MT Newswires Live

03/11

Greentown China (HKG:3900) expects its 2025 attributable profit to be 95% lower than the 1.60 billion yuan booked in 2024, according to a Hong Kong bourse filing Tuesday.

Shares of the property developer gained over 4% in morning trade Wednesday.

The firm attributed the decrease to a number of factors, including lower gross profit margin on revenue.

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