Sunac Services Expects H1 2024 Loss, Stable Core Profit

Sunac Services Holdings Ltd. (HK:1516) has released an update.

Sunac Services Holdings Limited anticipates an unaudited loss of not more than RMB 500 million for the first half of 2024 due to increased impairment provisions on amounts due from related parties. Despite this, the company expects its core net profit, excluding these provisions and other factors, to be not less than the same period last year. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.

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