Real Estate Operating Companies(IN40166.SH)

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Red Star Macalline warns of up to RMB23.8 billion loss for 2025

Red Star Macalline Group Corp. Ltd. anticipates a net loss for the year ending December 31, 2025, projected between RMB15.985 billion and RMB23.837 billion. This represents a significant increase from the previous year's loss of approximately RMB3.728 billion. The figures are based on preliminary unaudited accounts and may change with the final results.

Reuters·
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Reuters·
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"Profit Warning" RS MACALLINE expects full-year losses to expand to nearly 16 billion RMB at least

RS MACALLINE issued a profit warning, expecting a loss of between RMB 15.985 billion and RMB 23.837 billion for the fiscal year 2025, compared to a loss of RMB 3.728 billion in the previous year. The expected loss is mainly due to changes in the fair value of investment properties and impairment losses on related assets

AASTOCKS·
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HK
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AASTOCKS·
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SH
512200
+1.11%
HK
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+0.79%

Red Star Macalline Group Sees 2025 Net Loss At 15-22.5 Billion Yuan

Red Star Macalline Group Corp Ltd :SEES 2025 NET LOSS AT 15-22.5 BILLION YUAN ($2.15-3.23 billion)($1 = 6.9635 Chinese yuan renminbi)

Reuters·
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Reuters·
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Jumbo Group takes 20% stake in Xi’an restaurant joint venture

Jumbo Group has acquired a 20% stake in a joint venture with Beijing Hualian F&B Management Co to operate a restaurant in Xi'an, China. The investment of 300,000 yuan (S$55,300) will be funded through internal resources and is not expected to significantly impact the group's financial performance for the year ending September 30. The restaurant will operate under the Jumbo Seafood brand, expanding the group's presence in Xi'an, a city they believe has strong market potential.

Businesstimes News·
SZ
000882
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Businesstimes News·
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Zhenbao Group establishes a joint venture company to operate restaurants in Xi'an | Lianhe Zaobao

Jumbo Group will establish a joint venture in Xi'an to operate the "Jumbo Seafood" brand restaurant. The joint venture is jointly established by Jumbo's subsidiary Jumbo F&B Services and Beijing Hualian Catering Management Co., Ltd., with a registered capital of 1.5 million yuan. Jumbo holds 20% of the shares, while Beijing Hualian holds 80%. Jumbo Group believes that Xi'an is an important regional city with brand appeal in the local market, and the joint venture agreement will help it participate in market development and control investment risks

Zaobao·
SZ
000882
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Zaobao·
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This is why we track politicians' stock trades 🚨

One year ago, we flagged Rep. Brad Knott for buying CompoSecure

Why? Three reasons

- Rep. Brad Knott is the only politician to buy $CompoSecure(CMPO.US)

-...............
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