00185

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ZENSUN ENT issued a profit warning, expecting an annual net loss of approximately 770 million to 950 million yuan, a yea…

Zhitong

Mar 25 at 05:37 AM

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ZENSUN ENT issued a profit warning, expecting an annual net loss of approximately RMB 770 million to 950 million for the year ending December 31, 2025, a decrease compared to the net loss of RMB 2.17 billion as of December 31, 2024. The board of directors pointed out that the reduction in net loss is mainly due to an increase in gross profit from delivered projects and a decrease in impairment provisions for property projects

According to the Zhitong Finance APP, ZENSUN ENT (00185) announced that the Group expects to incur a net loss of approximately RMB 770 million to RMB 950 million for the year ending December 31, 2025, while for the year ending December 31, 2024, it expects a net loss of approximately RMB 2.17 billion. The Board believes that the reduction in net loss for the relevant years is mainly due to the following factors: an increase in gross profit from delivered projects during the relevant years; and a decrease in impairment provisions for the Group's property projects

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