JUJIANG CONS issued a profit warning, expecting a mid-term net profit decrease of approximately 60.0% to 80.0% year-on-year
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JUJIANG CONS issued a profit warning, expecting that the interim net profit for the period ending June 30, 2025, will decrease by approximately 60.0% to 80.0% year-on-year. The main reason is the sluggish real estate market, which has led to a decrease in the net value of newly contracted projects, with revenue and gross profit also declining by approximately 30.0% to 40.0%. Nevertheless, the reduction in impairment losses on financial and contract assets, lower management expenses, and the turnaround of financial assets related to accounts receivable partially offset the losses
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