SHIRBLE STORE (00312) issues profit warning, expecting shareholder's net loss to increase to between 90 million and 110 million RMB by 2025.
Sogo Shosha (00312) announced that it is expected that the annual shareholder's share of loss in 2025 will increase to between RMB 90 million and RMB 110 million, while the annual shareholder's share of loss for the year ended December 31, 2024 (2024 fiscal year) was RMB 33.8 million.
SHIRBLE STORE (00312) announces that it is expected to incur a net loss attributable to shareholders of RMB 90 to 110 million in the annual report for the year 2025, while the net loss attributable to shareholders for the year ended December 31, 2024 (2024 financial year) was RMB 33.8 million.
The expected loss for the year 2025 is primarily due to the following factors: a fair value loss on investment properties of RMB 171 million for the year 2025 (RMB 140 million for 2024); and a decrease in tax credits of RMB 9.9 million for the year 2025 (RMB 67.5 million for 2024).
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