Summary by Moomoo AI
CHINA CINDA Asset Management Co., Ltd. issued a profit warning, expecting that the net profit attributable to Shareholders for the year ended December 31, 2024 will decline by about 40% to 50% compared to the same period in 2023. The main reasons for the performance decline include: the company continuously deepening reforms and proactively adjusting its Business structure, while further digesting historically formed endogenous risk assets and making corresponding provisions, resulting in a phased decline in the scale and income of major non-performing debt assets measured at amortized cost; affected by changes in the Industry situation, the operating performance of some subsidiaries with a high proportion of Real Estate Investment management business has declined; and affected by the market, the investment income from certain...Show More
Comment(0)
Reason For Report