Core Viewpoint - R&F Properties (02777) expects to record a net loss of approximately RMB 4.08 billion for the six months ending June 30, 2025, compared to a net loss of RMB 2.33 billion for the period ending June 30, 2024, primarily due to the ongoing downturn in the Chinese real estate industry, which has led to a decline in revenue and gross profit from property development [1] Company Summary - R&F Properties anticipates a significant increase in net loss from RMB 2.33 billion to RMB 4.08 billion over the specified periods [1] - The expected losses are attributed to the persistent sluggishness in the Chinese real estate market [1] - The decline in revenue and gross profit is specifically linked to the company's property development segment [1]
富力地产发盈警 预计中期净亏损约40.8亿元