Fortune Sun (China) Holdings Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2022. For six months, the Group expects to record a net loss attributable to owners of the Company of around RMB 4 million, as compared with a net profit of approximately RMB 173,000 recorded for the corresponding period in 2021. The net loss attributable to the owners of the Company for the Period was mainly attributable to the significant decrease in revenue as compared with the corresponding period in 2021, which was mainly resulted from the decline in demand from the primary property markets in the People's Republic of China as a result of the resurgence of the COVID-19 pandemic and the corresponding preventive and control measures imposed by the local government, including, among other things, lockdowns and travel restrictions in Shanghai and the nearby regions, which in turn affected business operations.
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28/03 | Fortune Sun Holdings Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
2023 | Fortune Sun's H1 Loss Narrows on Higher Revenue; Shares Plunge 20% | MT |
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+28.53% | 4.2B | |
+118.42% | 2.41B |
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- Fortune Sun Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2022