Workflow
雅生活服务:料中期转赚逾3亿元

Core Viewpoint - The company, 雅生活服务 (3319.HK), expects a significant turnaround in its financial performance, projecting a profit attributable to shareholders of approximately 300 million to 400 million yuan for the six months ending June 30, compared to a loss of 1.63 billion yuan in the same period last year [1] Financial Performance - The expected profit turnaround is primarily due to the substantial impairment provisions for receivables from related parties made in the same period of 2024 [1] - The company has effectively controlled the balance of receivables from related parties and real estate enterprises through various measures, including revising contract credit terms, adjusting business models, actively seeking asset recovery, and initiating lawsuits [1] Operational Strategy - The company is focusing on operating profit and cash flow, strictly controlling external value-added services related to real estate to ensure only high-quality businesses with stable cash flow are retained [1] - There is an optimization of the project structure in property management and urban services to ensure stable operating profits and cash flow [1] - The company anticipates an improvement in operating cash flow compared to the same period in 2024 [1]