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XIWANG PROPERTY (02088.HK) expects that the consolidated net loss for the fiscal year 2024 will narrow year-on-year.
On March 21, GlobaLink announced that XIWANG PROPERTY (02088.HK) expects to record a pre-tax consolidated net loss of approximately 44 million yuan to 50 million yuan for the fiscal year 2024, while the pre-tax consolidated net loss for the year ending December 31, 2023, was about 0.152 billion yuan. The expected decrease in consolidated net loss is primarily due to a reduction of impairment losses of goodwill and prepaid expenses recognized for the Qinghe project (a residential Real Estate Development project located in ZouPing City, ShanDong, "Qinghe Project") by approximately 0.15 billion yuan, as well as in 2024.
XIWANG PROPERTY: INSIDE INFORMATION AND PROFIT ALERT
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Announcement highlights | Insurers have raised their shareholding in brokerage stocks for the first time in nearly 5 years! New China Life Insurance has increased its shareholding in Haitong Sec; Meitu has liquidated its cryptos for a profit of nearly 80
In November, Country Garden achieved a contract sales amount of approximately 3.01 billion yuan attributable to the company's shareholders; chinares pharma's pharmaceutical commerce can issue a total of 15 billion yuan in asset-backed notes in installments.
