Central China New Life Expects Turnaround to Profit in 2024

MT Newswires Live

2025/03/11

Central China New Life (HKG:9983) expects a net profit between 215 million yuan and 255 million yuan for 2024, against a net loss of 578 million yuan from 2023, a Tuesday Hong Kong bourse filing said.

The property management and value-added services provider attributed the expected turnaround to a decrease in impairment losses on financial and contract assets during the reporting period.

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