Core Viewpoint - Xingyue Kanglv (03662) expects a significant decline in profit for the six months ending June 30, 2025, projecting a profit attributable to shareholders of no less than RMB 23 million, compared to approximately RMB 81.6 million for the same period in 2024 [1] Group 1 - The board attributes the profit decline primarily to strategic adjustments made in response to the ongoing downturn in the real estate market and economy, which included exiting low-profit, high-risk projects and making sufficient provisions for receivables [1] - Several subsidiaries acquired in previous years have experienced reduced operational scale due to the aforementioned strategic adjustments, necessitating impairment losses on goodwill [1] - To enhance owner satisfaction and address intensified market competition, the company has increased resource allocation to managed projects and is continuously optimizing property service quality [1] Group 2 - The company anticipates that the impact of the strategic adjustments on its performance will stabilize over the next one to two years [1]
星悦康旅(03662)发盈警 预计中期股东应占溢利下降至不少于2300万元