First Service is expected to incur losses of 40 million yuan in 2025.

SadMoneyMeow · 2026-03-18T06:29:28+00:00

# Perspective Information: First Service Holdings Issues Profit WarningOn March 17, First Service Holdings Limited issued a profit warning.According to the announcement, First Service Holdings expects an unaudited net loss not exceeding RMB 40 million for the year ended December 31, 2025, compared to a net loss of approximately RMB 6.3 million in the same period of 2024.The increase in losses is primarily due to the acquired subsidiary Qingdao Luohang Enterprise Management Co., Ltd. failing to meet its 2025 operational performance targets, and the challenges faced in future business expansion and profit recovery, which resulted in the confirmation of goodwill impairment loss provisions.**Disclaimer:** This article is prepared by Perspective based on publicly available information and does not constitute investment advice. Please verify before use.(Editor in charge: Wang Zhiqiang HF013)**【Disclaimer】** This article represents only the author's personal views and is unrelated to hexun.com. Hexun.com is not responsible for the statements and opinions contained in this article.

SadMoneyMeow

2026-03-18 06:29:28

Insight Web News: On March 17, First Service Holdings Limited issued a profit warning.

According to the announcement, First Service Holdings expects its unaudited net loss for the year ending December 31, 2025, not to exceed RMB 40 million, compared to a net loss of approximately RMB 6.3 million in the same period of 2024.

The increase in loss is mainly due to the underperformance of the acquired subsidiary Qingdao Luohang Enterprise Management Co., Ltd. in 2025, and challenges in future business expansion and profit recovery, leading to the recognition of goodwill impairment provisions.

Disclaimer: The content and data of this article are compiled by Insight based on publicly available information and do not constitute investment advice. Please verify before use.

(Edited by: Wang Zhiqiang HF013)

【Disclaimer】This article only reflects the author’s personal views and has no relation to Hexun.com. Hexun.com maintains neutrality regarding the statements and opinions expressed in the article and does not provide any explicit or implied guarantees regarding the accuracy, reliability, or completeness of the content. Readers are advised to use it for reference only and assume all responsibilities themselves. Email: news_center@staff.hexun.com

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