Shui On Land (HKG:0272) expects an attributable loss of between 1.7 billion yuan and 1.8 billion yuan for the year 2025, compared with an attributable profit of 180 million yuan a year prior, according to a Friday Hong Kong bourse filing.
The property firm attributed the forecast to a decline in the fair value of its investment properties and the impairment provision for unsold inventories.
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