China New Town Development (1278) Announces Expected Net Profit Increase for 2025

Bulletin Express
Feb 16

China New Town Development Company Limited (1278) disclosed an expected net profit of approximately RMB76.00 million for the twelve months ended 31 December 2025. This compares with a net profit of around RMB56.00 million for the same period in 2024.

According to the announcement, the anticipated growth stems from stable fair value in its Wuhan investment properties, which avoids the RMB19.00 million impairment recorded in 2024. Additionally, enhanced management of associates and joint ventures is expected to reduce related losses by approximately RMB23.00 million. The finalized annual results are scheduled for release in March 2026, based on the unaudited consolidated management accounts.

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