Xiwang Property Holdings Company Limited provided earnings guidance for the year ended 31 December 2021. For the year, the Group is expected to record a consolidated net profit of not less than approximately RMB 7.0 million during the Current Period as compared with a consolidated net loss of approximately RMB 11.12 million during the year ended 31 December 2020. This is mainly attributable to the reversal of over-provisions of land appreciation tax of approximately RMB 4.80 million and income tax credit of approximately RMB 4.67 million recorded in the Current Year.
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03-26 | Xiwang Property Holdings Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
03-22 | Xiwang Property to Significantly Widen Losses in 2023 | MT |
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+42.11% | 279M | |
-9.79% | 214M | |
-0.19% | 186M |
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