Yuexiu Services Group Expects 2025 Profit to Drop Up to 25%

Reuters
Feb 13
<a href="https://laohu8.com/S/06626">Yuexiu Services</a> Group Expects 2025 Profit to Drop Up to 25%

Yuexiu Services Group Ltd. announced that, based on a preliminary assessment of its unaudited consolidated management accounts, profit attributable to equity holders for the year ended 31 December 2025 is expected to decrease by approximately 20% to 25% compared to the previous year. Core net profit is also expected to decline. The company attributed this anticipated decrease primarily to a rise in operational costs related to service quality enhancements and initiatives to stabilise commercial project occupancy rates, as well as increased labour costs due to policy changes.

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