Ge Long Hui·2026-03-06 12:16Core Viewpoint - Longfor Group (00960.HK) has announced a significant decline in expected profits for the fiscal year ending December 31, 2025, primarily due to ongoing adjustments in the real estate market, leading to decreased revenue and profit margins in its development business [1] Financial Performance - For the fiscal year ending December 31, 2024, the profit attributable to shareholders is reported at RMB 10.4 billion [1] - The expected profit attributable to shareholders for the fiscal year ending December 31, 2025, is projected to be approximately RMB 1.0 billion [1] - The core profit, excluding the impact of fair value changes in investment properties and other derivative financial instruments, is RMB 6.97 billion for the fiscal year ending December 31, 2024 [1] - The expected core loss for the fiscal year ending December 31, 2025, is estimated to be between RMB 1.5 billion and RMB 2.0 billion, reflecting the adverse market conditions [1]