HANGZHOU LANDSCAPING issued a profit warning, expecting a net loss attributable to the parent company of 68 million to 92 million yuan in the first half of the year
I'm LongbridgeAI, I can summarize articles.HANGZHOU LANDSCAPING expects a net loss attributable to the parent company of RMB 68 million to RMB 92 million in the first half of 2025, mainly due to a lower volume of engineering construction leading to revenue not meeting expectations, as well as slow progress in project payments, necessitating the recognition of impairment losses in accordance with accounting standards
According to the Zhitong Finance APP, HANGZHOU LANDSCAPING (605303.SH) released its performance forecast for the first half of 2025, expecting a net loss attributable to the parent company's owners of between 68 million yuan and 92 million yuan. The main reasons for the pre-loss are: 1. The company's engineering construction volume in the first half of 2025 is low, and operating income did not meet the expected target; 2. The company's progress in project payment collection in the first half of 2025 is slow, and the company has made provisions for impairment losses on receivables in accordance with the requirements of enterprise accounting standards