智通财经网·2026-01-15 01:45Core Viewpoint - Jinyu Group (02009) is experiencing significant stock decline, with a drop of over 4%, currently trading at 0.83 HKD, amid announcements of expected substantial net losses for 2024 and 2025 [1] Financial Performance - The company anticipates a net loss attributable to shareholders of 0.9 to 1.2 billion HKD for the year 2025, and a net loss excluding non-recurring items of 3.45 to 3.75 billion HKD for the same year [1] - For 2024, the expected net loss attributable to shareholders is approximately 55.5 million HKD, with a net loss excluding non-recurring items around 285.9 million HKD [1] Business Segments - The building materials and real estate sectors are currently in a downward cycle, impacting overall performance [1] - The cement business has successfully optimized its strategic layout and implemented cost reduction and efficiency improvement measures, resulting in a year-on-year turnaround to profitability [1] - The real estate segment is facing challenges due to weakened market demand and pressured sales prices, adversely affecting operational profits [1]