Core Insights - China Aoyuan (03883.HK) expects 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 [1] - The shift from profit to loss is primarily attributed to the absence of gains from overseas debt restructuring that were recorded in the 2024 corresponding period [1] - Excluding the impact of restructuring gains, the anticipated 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 2024 corresponding period [1] Financial Performance - The expected net loss for the upcoming period is capped at RMB 9.5 billion, a significant decline from the previous year's profit of RMB 22.1 billion [1] - The increase in net loss is driven by higher provisions for impairment of available-for-sale properties, anticipated credit loss provisions, and losses from asset disposals [1]
中国奥园(03883.HK)发盈警 预计中期取得净亏损不超过95亿元 同比盈转亏