LVGEM CHINA (HKSE: 00095) Issues Profit Warning, Projects RMB 9.70 Billion Loss for FY2025

Bulletin Express
Mar 20

LVGEM (China) Real Estate Investment Company Limited (LVGEM CHINA, HKSE: 00095) has issued a profit warning, indicating an expected net loss of approximately RMB 9.70 billion for the financial year ended 31 December 2025. This compares with a loss of about RMB 5.40 billion reported for FY2024.

Management attributes the projected widening of losses to two main factors:

1. A larger fair value loss on investment properties. 2. Additional impairment provisions against properties under development and properties held for sale amid an unfavorable real-estate market environment.

The figures are based on the Group’s preliminary, unaudited consolidated financial statements and may be subject to change following the completion of the external audit and board audit-committee review. LVGEM CHINA plans to release its audited FY2025 results by the end of March 2026.

Investors are advised to exercise caution when dealing in the company’s shares pending the publication of the final results.

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