GTHT (02611) Announces RMB2.38 Billion Asset Impairment Provisions for Jan-Sept 2025

Stock News
Oct 30

GTHT (02611) disclosed that in accordance with Chinese Accounting Standards and the company's accounting policies, the group conducted expected credit loss assessments and impairment tests on assets requiring provisions as of September 30, 2025.

For the first nine months of 2025, the company recorded credit impairment losses of RMB2.334 billion and other asset impairment losses of RMB48.75 million, totaling RMB2.38 billion in asset impairment provisions.

The impact on net profit exceeds 10% of the group's audited net profit attributable to parent company owners for the full year 2024.

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