弘阳地产(01996)发盈警 预计中期净亏损约20亿至25亿元

Core Viewpoint - Hongyang Real Estate (01996) anticipates a net loss ranging from approximately RMB 2 billion to 2.5 billion for the six months ending June 30, 2025, compared to a net loss of RMB 1.71 billion in the same period of 2024 [1] Group 1 - The expected net loss for the current period represents an increase compared to the same period last year [1] - The increase in net loss is primarily attributed to a decrease in project deliveries compared to the previous year [1] - The gross profit and gross profit margin from delivered projects are lower than those in the same period last year [1] Group 2 - The losses from joint ventures and associates have significantly increased compared to the same period last year [1]