KAISA GROUP Warns of Up to RMB 9.5 Billion Interim Net Loss
Stock News
Yesterday
KAISA GROUP (01638) has issued a profit warning, projecting a net loss and a loss attributable to shareholders of no more than RMB 9.5 billion for the six months ending June 30, 2026.
This compares to a net loss of RMB 10.1 billion and a shareholder-attributable loss of RMB 10.0 billion recorded in the corresponding period of the previous year. The slight narrowing of the losses is primarily attributed to a reduction in impairment provisions made for property projects.
The company noted that the decrease in both the net loss and the loss attributable to owners is mainly due to lower impairment provisions on property assets during the reporting period.
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