--- title: "\"Profit Warning\" BEIJING JIAYE expects last year's net profit to drop by up to 35%" type: "News" locale: "en" url: "https://longbridge.com/en/news/278068669.md" description: "BEIJING JIAYE issued a profit warning, expecting that the annual net profit for the year ending last December will decline by 25% to 35%, ranging from RMB 51.8 million to RMB 59.8 million. The company stated that the decrease in profit is mainly due to increased investment in the early stages and quality maintenance of property management projects, as well as a significant decline in the rental price of box-type housing due to changes in market demand, necessitating the recognition of impairment losses in accordance with International Financial Reporting Standards" datetime: "2026-03-06T09:23:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278068669.md) - [en](https://longbridge.com/en/news/278068669.md) - [zh-HK](https://longbridge.com/zh-HK/news/278068669.md) --- # "Profit Warning" BEIJING JIAYE expects last year's net profit to drop by up to 35% BEIJING JIAYE (02210.HK) issued a profit warning, expecting to record a profit of between RMB 50.8 million and RMB 59.2 million for the year ending last December, a year-on-year decrease of 30% to 40%; and a net profit of between RMB 51.8 million and RMB 59.8 million, a year-on-year decrease of 25% to 35%. The group believes that the decrease in profit and net profit during the year is mainly due to increased investment in the early stages and quality maintenance of property management projects to gain market share; affected by changes in current market demand and cyclical adjustments in the industry, the rental price of container houses has shown a significant downward trend. In accordance with the relevant provisions of the International Financial Reporting Standards issued by the International Accounting Standards Board, the group has recognized impairment losses for the container house equipment it holds ### Related Stocks - [02210.HK](https://longbridge.com/en/quote/02210.HK.md) ## Related News & Research - [RentPost Reports Growing Adoption Among Property Managers Across the U.S.](https://longbridge.com/en/news/290345217.md) - [Central China Management Wins Strong Shareholder Backing at Adjourned AGM](https://longbridge.com/en/news/290720773.md) - [08:38 ETAltus Management Group Names TJ Stewart Director of Property Management](https://longbridge.com/en/news/290833136.md) - [Shimao Services Wins Strong Shareholder Backing for Governance and Capital Mandates](https://longbridge.com/en/news/290417708.md) - [Arlington Properties promotes Mariska Gout to area manager](https://longbridge.com/en/news/290610354.md)