FilingReader Intelligence
Vanke anticipates RMB 10-12bn half-year loss amid adjustments
July 14, 2025 at 01:09 PM UTC•By FilingReader AI
Vanke Enterprise expects a net loss of RMB 10-12 billion for the first half of 2025, compared to a RMB 9.85 billion loss in the prior year.
The loss stems from significantly lower real estate development settlements, persistent low gross margins, and increased asset impairment provisions.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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