First Service Holding expects FY2025 net loss up to RMB40 million

Reuters
Mar 17
<a href="https://laohu8.com/S/02107">First Service</a> Holding expects FY2025 net loss up to RMB40 million

First Service Holding expects a net loss of no more than RMB 40 million for the year ended Dec. 31, 2025, compared with a net loss of about RMB 6.3 million a year earlier. The wider loss is mainly attributed to impairment provisions on goodwill tied to acquired subsidiary Qingdao Luohang Enterprises Management, whose 2025 performance fell short of expectations.

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