Zhitong Financial APP News, Jianzhong Construction (00589) announced that the Group expects a net loss of 60 million yuan to 80 million yuan (2022: about 36.8 million yuan) in the six months ended June 30, 2023.
According to the announcement, the expected net loss was mainly attributable to a decrease in gross profit on equipment operating services and the recognition of impairment losses on property, plant and equipment; and a decrease in income and gross profit on construction services.