Core Viewpoint - The company anticipates a significant loss for the mid-term period ending June 30, 2025, primarily due to macroeconomic factors, weakened domestic consumption, imbalanced supply and demand in the passenger car market, and intensified price wars, particularly affecting luxury vehicles [1] Financial Performance - The company expects a loss attributable to equity shareholders of not less than RMB 800 million for the mid-term of 2025, compared to a loss of approximately RMB 30 million for the mid-term of 2024 [1] - Non-cash impairment of goodwill and dealership rights is projected to total at least RMB 800 million for the first half of 2025, a significant increase from approximately RMB 150 million in the mid-term of 2024 [1] Market Conditions - The ongoing price war in the automotive sector is exacerbating the challenges faced by the company, particularly in the luxury car segment [1] - The increase in consumption tax on ultra-luxury vehicles is expected to negatively impact future performance in that segment [1] - A decline in mortgage commission rates is anticipated to lead to reduced income from mortgage application services [1]
美东汽车(01268.HK)盈警：预期中期权益股东应占亏损不少于8亿元