"Profit Warning" RS MACALLINE expects full-year losses to expand to nearly 16 billion RMB at least
Red Star Macalline (01528.HK) issued a profit warning, expecting a loss of between RMB 15.985 billion and RMB 23.837 billion for the fiscal year 2025, compared to a loss of RMB 3.728 billion in the previous year. The anticipated loss is primarily due to changes in the fair value of investment properties and impairment losses on related assets
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