Greentown China: It is expected that the company's shareholders' profit should decrease by about 95% compared to 2025.

date
10/03/2026
Green City China announced on the Hong Kong Stock Exchange that it is expected that the company's net profit attributable to shareholders for the year ending December 31, 2025 will decrease by approximately 95% compared to 2024, to around 1.596 billion Chinese yuan. This is mainly due to the fact that the real estate market is still in a period of adjustment, and the company is actively promoting the destocking of its inventory to facilitate long-term development, which has led to a decrease in the gross profit margin for the income recorded in 2025, as well as the performance of equity method investments. Additionally, the company has recognized a certain amount of impairment losses on assets, which further impacted the net profit attributable to shareholders.