SHIRBLE STORE Issues Profit Warning, Anticipates Widening Loss for 2025

Stock News
Mar 25

SHIRBLE STORE (00312) has announced an expected increase in its annual attributable loss for 2025. The company forecasts the loss to be in the range of RMB 90 million to RMB 110 million. This compares to an attributable loss of RMB 33.8 million recorded for the year ended December 31, 2024.

The projected loss for the 2025 financial year is primarily attributed to two key factors. Firstly, the company anticipates a fair value loss on investment properties of approximately RMB 171 million for 2025, which is higher than the RMB 140 million loss reported in 2024. Secondly, a significant reduction in income tax credits is expected, decreasing to RMB 9.9 million for 2025 from RMB 67.5 million in the previous year.

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