Core Viewpoint - The company, R&F Properties (02777.HK), expects to report a net loss of approximately RMB 16.6 billion for the year ending December 31, 2025, and a net loss of RMB 17.789 billion for the year ending December 31, 2024, primarily due to the ongoing downturn in the Chinese real estate market and impairment provisions for properties under development and completed properties held for sale [1]. Group 1 - The company anticipates a net loss of about RMB 16.6 billion for the fiscal year ending December 31, 2025 [1] - The projected net loss for the fiscal year ending December 31, 2024, is RMB 17.789 billion [1] - The main reasons for the annual net losses include the continued sluggishness of the Chinese real estate industry, leading to a decline in revenue from property development [1] Group 2 - Impairment provisions for properties under development, completed properties held for sale, and other fixed assets are significant factors contributing to the net losses [1]
富力地产(02777.HK)盈警：预期2025年净亏损166亿元