中国奥园(03883.HK)预计中期亏损不超95亿元

Core Viewpoint - China Aoyuan (03883.HK) is expected to report a net loss of no more than RMB 9.5 billion for the six months ending June 30, 2025, compared to a net profit of approximately RMB 22.1 billion for the corresponding period in 2024, primarily due to the absence of foreign debt restructuring gains in the current period [1] Financial Performance - The anticipated net loss for the current period is significantly influenced by the previous period's foreign debt restructuring gains [1] - Excluding the impact of restructuring gains, the net loss for the current period is expected to increase by no more than RMB 5 billion compared to the net loss of approximately RMB 4.5 billion in the corresponding period of 2024 [1] Factors Contributing to Loss - The increase in net loss is attributed to several factors, including: - Increased impairment provisions for available-for-sale properties - Anticipated increases in credit loss provisions - Increased losses from asset disposals [1]