Jinhui Holdings (09993) issued an announcement that owners of parent companies for the year ended December 31, 2022 should...
According to the Zhitong Finance App, Jinhui Holdings (09993) issued an announcement. Compared with the profit attributable to the parent company owner of about RMB 1.7 billion for the year ended December 31, 2022, the Group may obtain losses attributable to the owner of the parent company of about RMB 300 million to RMB 800 million for the year ended December 31, 2023. The expected losses for 2023 are mainly due to adjustments in the real estate industry, resulting in pressure on contract sales prices, a decline in the gross margin of settlement in the real estate development business, and depreciation of completed properties and other assets under development and held for sale.