Core Viewpoint - The company anticipates a significant decrease in pre-tax profit for the six months ending June 30, 2025, compared to the same period in 2024, primarily due to increased investments in property management and a decline in rental prices for box-type housing [1] Financial Performance - The expected pre-tax profit for the six months ending June 30, 2025, is projected to be between RMB 31.1 million and RMB 37.3 million, representing a decrease of 40% to 50% compared to approximately RMB 62.2 million for the same period in 2024 [1] Market Conditions - The decline in pre-tax profit is attributed to two main factors: increased upfront and quality maintenance investments to gain market share in property management projects, and a significant decrease in rental prices for box-type housing due to changes in market demand and cyclical adjustments in the industry [1] Accounting Implications - The company will recognize impairment losses on its box-type housing equipment holdings in accordance with the relevant provisions of the International Financial Reporting Standards due to the declining rental prices [1]
京城佳业(02210.HK)预期中期除税前盈利减少40%至50%