China New Town Development Expects 2025 Net Profit to Rise to RMB76 Million

Reuters
Feb 16
<a href="https://laohu8.com/S/CNER">China New</a> Town Development Expects 2025 Net Profit to Rise to RMB76 Million

China New Town Development Co. Ltd. has announced that it expects to record a net profit of approximately RMB76 million for the twelve months ended 31 December 2025, up from a net profit of around RMB56 million in 2024. The anticipated increase in net profit is mainly attributed to the stable fair value of the Group’s investment properties in Wuhan, with no impairment expected for 2025 compared to a RMB19 million impairment in 2024, and improved management of associates and joint ventures, which is expected to reduce related losses by about RMB23 million year-on-year.

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