Sunac China: It is expected that the company's net loss attributable to owners will be between 12 billion to 13 billion yuan by 2025.

date
17/03/2026
On March 17, Sunac China announced on the Hong Kong Stock Exchange that it is expected to have a net loss attributable to owners of the company for the current year ranging from RMB 12 billion to 13 billion, a significant decrease from the net loss attributable to owners of the company for the year ended December 31, 2024 of approximately RMB 25.7 billion, primarily due to the gain from overseas debt restructuring recorded in the current year. Excluding the impact of debt restructuring gains, the net loss recorded in the current year is mainly due to a decrease in turnover and pressure on gross profit margins due to market factors, as well as further provisions for asset impairment and provisions for contingent liabilities.