Dexin China Holdings Company Limited provided consolidated earnings guidance for the year ended 31 December 2022. For the year, the that the Group's net profit for the year ended 31 December 2022 would be decreased by the range of approximately RMB 2,100 million to RMB 2,350 million as compared to its net profit of approximately RMB 2,377 million for the year ended 31 December 2021. The expected decrease is mainly due to (1) lower delivery of properties, resulting in the decrease of revenue recognised from properties sold due to the impact of the resurgence of the COVID-19 pandemic, especially in the Yangtze River Delta region during the Period; (2) a decrease in gross profit margin as a result of the continued downturn in the property market; (3) impairment of properties under development and held for sale as impacted by the downturn in the property market; (4) a decrease in fair value of investment properties; and (5) foreign exchange losses.
Dexin China Holdings Company Limited
Equities
2019
KYG2751H1020
Real Estate Development & Operations
Delayed
Other stock markets
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5-day change | 1st Jan Change | ||
0.107 HKD | -6.96% | -16.41% | +2.88% |
Apr. 30 | Dexin China Holdings Company Limited Announces Executive Changes | CI |
Apr. 25 | Dexin China Holdings Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+2.88% | 43.71M | |
+6.96% | 27.88B | |
-9.47% | 27.03B | |
+21.85% | 25.04B | |
+15.66% | 25.04B | |
+11.34% | 21.91B | |
+31.55% | 20.51B | |
-1.26% | 18.82B | |
+7.27% | 17.4B | |
+30.51% | 15.99B |
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- Dexin China Holdings Company Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2022