Xiwang Property Holdings Company Limited provided consolidated earnings guidance for the year ended 31 December 2022. For the year, the company expected to record a consolidated net loss of approximately RMB 7.0 million to RMB 9.0 million during the Current Year as compared with a consolidated net profit of approximately RMB 7.8 million during the year ended 31 December 2021. This is mainly attributable to the (i) decrease in the reversal of over-provision of land appreciation tax; (ii) increase in administrative expenses; and (iii) goodwill impairment in the Current Year when compared to the Previous Year.
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5-day change | 1st Jan Change | ||
0.056 HKD | +7.69% |
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+1.82% | -17.65% |
26/03 | Xiwang Property Holdings Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
22/03 | Xiwang Property to Significantly Widen Losses in 2023 | MT |
1st Jan change | Capi. | |
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-17.65% | 9.38M | |
+8.16% | 4.18B | |
-17.70% | 887M | |
-0.57% | 531M | |
-21.78% | 481M | |
-26.09% | 374M | |
-24.29% | 376M | |
+4.76% | 284M | |
+35.53% | 262M | |
-8.49% | 217M |
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