TANDE(SH:600665) 2 1 Shi Ji Jing Ji Bao Dao·2026-01-18 08:30Core Viewpoint - The company Tian Di Yuan has issued an annual performance forecast indicating a significant expected net loss for 2025, attributed to various factors affecting its real estate projects [1] Group 1: Financial Performance - The company anticipates a net profit attributable to shareholders of between -90,000 million to -135,000 million for the year 2025 [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between -91,500 million to -136,500 million [1] Group 2: Reasons for Performance Decline - The overall real estate market conditions have led to impairment signs in some of the company's real estate project inventories, prompting the company to prepare for inventory impairment based on market environment and product structure [1] - The company's revenue has decreased due to the impact of real estate project sales and transfers, resulting in reduced gross profit contributions [1] - As the company completes and delivers existing real estate projects, the number of projects eligible for interest capitalization has decreased, leading to a reduction in capitalized interest and an increase in expensed interest [1]