WORLDUNION: Net profit loss of 29.3196 million yuan in the third quarter, a decrease of 18.90%

WORLDUNION announced that its revenue for the third quarter was 446 million yuan, a decrease of 15.04%; net profit loss was 29.3196 million yuan, a decrease of 18.90%. Revenue for the first three quarters was 1.48 billion yuan, a decrease of 14.99%; net profit loss was 41.5493 million yuan, a decrease of 98.16%

The A-share real estate sector rose at the beginning of trading, with Vantone NeoDev Group hitting a three-day limit up, Vanke A rising over 5%, and SDGS, Gemdale, BCDC, and WORLDUNION following suit. In related ETFs, the real estate ETF rose by 1.83%, with a transaction volume of 8.313 million yuan, while the financial ETF had a transaction volume of 549,900 yuan

WORLDUNION: Expected net loss of RMB 7 million to 13 million in the first half of 2025

WORLDUNION expects a net profit loss of 7 million to 13 million yuan in the first half of 2025, compared to a profit of 15.1842 million yuan in the same period last year. After deducting non-recurring gains and losses, the expected loss is 38 million to 50 million yuan, compared to a loss of 52.5553 million yuan in the same period last year. The basic earnings per share loss is expected to be 0.0035 yuan to 0.0065 yuan, compared to a profit of 0.01 yuan in the same period last year. During the reporting period, revenue from main business decreased, and non-recurring gains and losses decreased, expected to decrease by 31 million to 37 million yuan year-on-year

New home prices in Changsha have risen for three consecutive months

In May, new home prices in Changsha rose by 0.3% month-on-month, marking three consecutive months of increase, while second-hand home prices fell by 0.7% month-on-month. New and second-hand home prices in Yueyang and Changde both experienced declines. The transaction volume of large residential flats in Changsha increased by 45% month-on-month, with an average price of 19,144 yuan per square meter, driven by the hot sales of luxury projects, which pushed the overall average price up

Midday Break | The three major indices of A-shares rose collectively

LANGOLD and WORLDUNION hit the daily limit, BROADEX rose over 6%, and XfmGroup rose over 4%; the oil and petrochemical, real estate, and communication equipment sectors led the gains, while pharmaceuticals, coal, and banking saw the largest declines; the Shanghai Composite Index rose 0.15%, the Shenzhen Component Index rose 0.87%, and the ChiNext Index rose 1.07%