Core Viewpoint - Xingyue Kanglv (03662.HK) 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 decline in profit is primarily attributed to the company's strategic adjustments in response to the ongoing downturn in the real estate market and the economy, leading to the exit from low-profit, high-risk projects [1] - The company has made sufficient provisions for receivables related to the projects affected by the strategic adjustments, resulting in a decrease in operational scale and profit [1] - Several subsidiaries acquired in previous years have experienced a contraction in operational scale due to the strategic adjustments, necessitating impairment losses on goodwill [1] Group 2 - To enhance owner satisfaction and address intensified market competition, the company has increased resource allocation to managed projects and continues to optimize property service quality [1] - The company anticipates that the impact of the strategic adjustments on performance will stabilize over the next one to two years [1]
星悦康旅(03662.HK)盈警：预计中期纯利不少于2300万元