REALWAY CAPITAL Issues Profit Warning, Anticipates Net Loss Not Exceeding RMB 30 Million for 2025

Stock News
Mar 20

REALWAY CAPITAL (01835) has announced that the group expects to record a net loss of no more than RMB 30 million for the year ending December 31, 2025. This compares to an audited net loss of approximately RMB 13.2 million for the year ended December 31, 2024. The anticipated increase in net loss for the current year is primarily attributed to a decline in the fair value of the group's investment properties and the underlying assets of investments made through associates or joint ventures. This decline is a result of the continued downturn in China's real estate market and overall weak market demand. Furthermore, the collection timing for certain receivables has been delayed. Consequently, an impairment loss on these receivables has been recognized for the current year based on the expected credit loss model, whereas an impairment reversal was recorded in the same period last year.

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