Longfor Green Life (01965.HK) has issued a positive profit alert, expecting that the net profit attributable to equity holders of the company for the first half of the year will not be less than 5 million yuan, marking a turnaround from loss to profit compared to the same period last year.
Zhitong Finance APP reported that Longfor Green Life (01965.HK) announced that it is expected that the group will achieve a net profit attributable to equity owners of no less than 5 million yuan in the first half of 2026, while the net loss attributable to equity owners for the same period in 2025 was approximately 1.7 million yuan. The expected turnaround from loss to profit is mainly due to a decrease in the provision for impairment losses on trade receivables and other receivables under the expected credit loss model during the period.
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