--- title: "[Daily Announcement] China Resources Beer (291) profit warning, last year's profit forecast may drop by up to 30%, Guofu Hydrogen Energy (2582) discounted over 12% for placement fundraising" type: "News" locale: "en" url: "https://longbridge.com/en/news/278645193.md" description: "China Resources Beer (291) expects its profit last year to decline by up to 29%, mainly due to goodwill impairment. Guofu Hydrogen Energy (2582) conducted a placement at a discount of over 12%, raising more than 150 million for operations and debt repayment. Greentown China (3900) warned that its net profit last year may plummet by 95%, affected by market adjustments and asset impairments. Fortune REIT (0778) reported a 3.6% decline in revenue last year, with the final distribution per unit reduced to 16.81 cents" datetime: "2026-03-11T02:34:31.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278645193.md) - [en](https://longbridge.com/en/news/278645193.md) - [zh-HK](https://longbridge.com/zh-HK/news/278645193.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278645193.md) | [繁體中文](https://longbridge.com/zh-HK/news/278645193.md) # [Daily Announcement] China Resources Beer (291) profit warning, last year's profit forecast may drop by up to 30%, Guofu Hydrogen Energy (2582) discounted over 12% for placement fundraising ## **China Resources Beer Profit Warning: Last Year's Profit Expected to Drop by Up to 30% Due to Goodwill Impairment** China Resources Beer (0291.HK) issued a profit warning, expecting last year's profit to decline by at least 29% year-on-year, to at least approximately 2.9 billion yuan, due to a goodwill impairment of up to 2.97 billion yuan during the period. ## **Guofu Hydrogen Energy Raises Over 150 Million with a Discount of Over 12% in Placement, Net Proceeds Used for Operations and Debt Repayment** Guofu Hydrogen Energy (2582.HK) raised over 150 million yuan through a placement at a price of 31.07 yuan per share, representing a discount of over 12% compared to the previous closing price. The placement involved over 4.9 million new H shares, accounting for nearly 4% of the expanded total share capital. 70% of the proceeds will be used for working capital and general corporate purposes, with the remainder used for debt repayment. ## **Greentown China Profit Warning: Last Year's Net Profit Expected to Plunge by 95% Due to Market Adjustment and Asset Impairment** Greentown China (3900.HK) issued a profit warning, expecting last year's net profit to decline by approximately 95% year-on-year. This is mainly due to the real estate market still being in an adjustment period. To promote long-term development, the company continues to actively push for inventory reduction, leading to a decline in gross profit margin from revenue recognition, as well as a decrease in the performance of joint ventures and associates. Additionally, the company has also recognized a certain amount of asset impairment losses. As of the end of last year, the proportion of short-term debt was below 20%, reaching a historical low. ## **Fortune REIT's Earnings Drop 3.6% Last Year, Final Distribution Per Unit Reduced to 16.81 Cents** Fortune REIT (0778.HK), which focuses on residential and commercial properties under Cheung Kong, reported that its distributable earnings were nearly flat year-on-year at 720 million yuan. The final distribution per fund unit was 16.81 cents, a decrease of 3.1% year-on-year. The total distribution for the year was 35.22 cents, down 1%. During the period, total revenue decreased by nearly 3.6% to 1.68 billion yuan ### Related Stocks - [CHINA RES BEER (00291.HK)](https://longbridge.com/en/quote/00291.HK.md) - [GREENTOWN MGMT (09979.HK)](https://longbridge.com/en/quote/09979.HK.md) - [GUOFUHEE (02582.HK)](https://longbridge.com/en/quote/02582.HK.md) - [FORTUNE REIT (00778.HK)](https://longbridge.com/en/quote/00778.HK.md) - [GREENTOWN CHINA (03900.HK)](https://longbridge.com/en/quote/03900.HK.md) ## Related News & Research - [Jiangsu Guofu Hydrogen Energy Warns of Wider 2025 Loss on Weak Demand, Impairments](https://longbridge.com/en/news/278262617.md) - [Jiangsu Guofu Hydrogen Energy to Raise HK$148.5 Million via New H Share Placing](https://longbridge.com/en/news/278623579.md) - [Greentown China Expects 2025 Profit to Fall 95%](https://longbridge.com/en/news/278651745.md) - [Jiangsu Guofu Hydrogen to Collaborate With South Korean Firms on Data Center Power Generation Project](https://longbridge.com/en/news/278020104.md) - [Greentown Management Warns of Sharply Lower 2025 Profit but Highlights Market Leadership](https://longbridge.com/en/news/278567434.md)