BEIJING JIAYE issued a profit warning, expecting the net profit attributable to shareholders in 2025 to be between 51.8 …
I'm LongbridgeAI, I can summarize articles.BEIJING JIAYE issued a profit warning, expecting the profit attributable to shareholders in 2025 to be between 51.8 million and 59.8 million yuan, a year-on-year decrease of 25% to 35%. At the same time, the group's annual profit is expected to be between 50.8 million and 59.2 million yuan, a year-on-year decrease of 30% to 40%. The decrease in profit is mainly due to increased competition for market share and investment in property management projects, as well as impairment losses caused by the decline in rental prices for container houses
According to the announcement from BEIJING JIAYE (02210), the company expects to achieve a profit of between RMB 50.8 million and RMB 59.2 million for the fiscal year 2025, a decrease of 30% to 40% compared to approximately RMB 84.6 million for the same period in 2024; and the profit attributable to equity shareholders for the fiscal year 2025 is expected to be between RMB 51.8 million and RMB 59.8 million, a decrease of 25% to 35% compared to approximately RMB 79.7 million for the same period in 2024.
The decrease in the group's profit and profit attributable to equity shareholders for the fiscal year 2025 is mainly due to the following reasons: First, to gain market share, the group has increased its investment in the early stages and quality maintenance of property management projects; second, 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 on the container house equipment held by the group