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[Corporate Profit Warning] ZENSUN ENT expects last year's loss to decrease to a maximum of 950 million yuan

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According to a report from Economic Information Daily on the 26th, ZENSUN ENT announced that it expects a net loss of approximately RMB 770 million to RMB 950 million for the year ending December 31 last year, narrowing from a net loss of approximately RMB 2.17 billion in 2024. The group stated that the reduction in annual net loss was mainly due to an increase in gross profit from delivered projects and a decrease in impairment provisions for property projects. The group expects to announce its results by the end of March. (wh)

According to a report from Economic Information Agency on the 26th, ZENSUN ENT (00185) announced that it expects a net loss of approximately RMB 770 million to RMB 950 million for the year ending December 31 last year, narrowing from a net loss of approximately RMB 2.17 billion in 2024.

The group stated that the decrease in annual net loss was mainly due to an increase in gross profit from delivered projects and a reduction in impairment provisions for property projects.

The group expects to announce its results by the end of March. (wh)

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