城建发展：预计2025年上半年净利润4.4亿元-6.54亿元

Core Viewpoint - The company is expected to achieve a net profit attributable to shareholders of the parent company ranging from 440 million to 654 million yuan for the first half of 2025, marking a turnaround from a loss of 138 million yuan in the same period last year [1] Financial Performance - The anticipated net profit for the first half of 2025 represents a significant improvement compared to the previous year's loss, indicating a recovery in financial performance [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between 347 million and 506 million yuan, compared to a loss of 242 million yuan in the same period last year [1] Reasons for Performance Improvement - The primary reasons for the expected turnaround in performance include an increase in revenue from the delivery of real estate projects and investment gains from the appreciation of financial assets held by affiliated investment enterprises [1]