弘阳地产(01996.HK)预计中期亏损约20亿至25亿元

Core Viewpoint - Hongyang Real Estate (01996.HK) expects a net loss of approximately RMB 2,000 million to RMB 2,500 million for the six months ending June 30, 2025, compared to a net loss of RMB 1,710 million in the same period of 2024 [1] Financial Performance - The anticipated net loss represents an increase compared to the previous year, primarily due to a decrease in project deliveries and lower gross profit margins from delivered projects [1] - The losses from joint ventures and associates have significantly increased compared to the same period last year [1]