"Profit Warning" SHUI ON LAND expects full-year losses to expand to 1.7 billion RMB
SHUI ON LAND (00272.HK) issued a profit warning, expecting a net loss of between RMB 1.7 billion and 1.8 billion for the fiscal year 2025, compared to a loss of RMB 180 million in the previous year. The anticipated loss is mainly due to the impairment of the fair value of the group's investment properties and the impairment provision for unsold inventory. Excluding the above impacts, it is expected that the core profit for this year will be recorded
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