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JINGKELONG: 2024 Interim Report
Jingkelong's Mid-Year Financial Results Decline
JINGKELONG: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
Beijing Jingkelong Forecasts Sharp Rise in Losses
Express News | jingkelong: The expected net loss for the first half of the year is expected to expand to 90 million yuan to 95 million yuan.
"Profit Warning" jingkelong (00814.HK) expects mid-term losses to expand to a maximum of 95 million RMB.
jingkelong (00814.HK) issued a profit warning, expecting a net loss of approximately 90 million to 95 million yuan for the six months ending June this year, an expansion compared to the net loss of approximately 48.579 million yuan in the same period of 2023. This is mainly due to the significant increase in rent caused by the main lessors, Beijing Chaofu State-owned Asset Management Co., Ltd., Beijing Hongchao Weiye State-owned Asset Operation Co., Ltd., and Beijing Jinchaoyang State-owned Capital Operation and Management Co., Ltd., resulting in a significant increase in leasing costs for the group during the period.
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