CIFI Forecasts Turnaround to 2025 Profit

MT Newswires Live

03/16

CIFI (HKG:0884) expects an attributable profit of between 17 billion yuan and 19 billion yuan for the year 2025, compared with an attributable loss of 7.08 billion yuan a year prior, according to a Monday Hong Kong bourse filing.

The property firm attributed the forecast to a gain of around 40 billion yuan from its offshore debt restructuring.

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