
Yuexiu Services Issues Profit Warning as Property Slump Hits High-Margin Business

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Yuexiu Services Group Ltd. (HK:6626) has issued a profit warning, expecting a 20-25% decline in profit attributable to equity holders for 2025 and a 45-50% drop in core net profit. This downturn is attributed to a shrinking high-margin services segment due to a severe property slump, increased operating costs, and rising labor expenses. The company plans to focus on high-quality growth in non-residential businesses and new value-added services in 2026. The latest analyst rating for the stock is a Hold with a price target of HK$2.50.
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