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Dongyuan Renzhi Service (02352.HK) expects an annual net loss of 50 million to 70 million yuan.
On March 19, Gelonghui reported that Dongyuan Renzhi Services (02352.HK) announced that based on the group's unaudited consolidated management accounts for the year ending December 31, 2024, the group expects to record a net loss between 50 million yuan and 70 million yuan, while the net income for the previous year after restatement was between 2 million yuan and 5 million yuan. The shift from net income to net loss is primarily due to the continued weak performance of the Real Estate Development Industry, which has led the group's real estate developer clients and some third-party clients to face liquidity difficulties, thus the company is prudently considering these clients.
Express News | Dowell Service Group Co Ltd - Net Loss Attributed to Provision of Impairment of Trade Receivables in FY
Express News | Dowell Service Group Co Ltd - Expects Net Loss Between RMB50 Mln and RMB70 Mln for 2024
Dowell Service Group to Review Annual Results and Dividend
DOWELL SERVICE: INSIDE INFORMATIONPROFIT WARNING
Dongyuan Renzhi Service (02352.HK) will hold a Board of Directors meeting on March 31 to approve the annual performance.
On March 19, Glonghui reported that East Origin Renzhih Service (02352.HK) announced that the Board of Directors will hold a meeting on March 31, 2025, to approve (including) the annual results of the company and its subsidiaries for the fiscal year ending December 31, 2024, and to recommend the distribution of a final dividend (if any).
