お知らせ • Jul 17
Beijing North Star Company Limited Provides Group Earnings Guidance for the Half Year Ended 30 June 2026 Beijing North Star Company Limited provided group earnings guidance for the half year ended 30 June 2026. For the period, the Company announced that the profit attributable to owners of the Company is estimated to continue to record a loss, details of which are set out as follows: Based on the preliminary assessment by the Company's finance department: The net loss attributable to owners of the Company for the first half of 2026 is estimated to range from RMB 881,000,000 to RMB 1,080,000,000, continuing to record a loss as compared with the corresponding period of the preceding year. Among these, the net loss (excluding gains or losses from changes in fair value of investment properties) attributable to owners of the Company ranges from RMB 701,000,000 to RMB 860,000,000. The net loss (excluding gains or losses from changes in fair value of investment properties and after deduction of non-recurring profit and loss) attributable to owners of the Company for the first half year of 2026 is estimated to range from RMB 721,000,000 to RMB 880,000,000, continuing to record a loss as compared with the corresponding period of the preceding year. Results for the corresponding period of the preceding year: The loss attributable to owners of the Company was RMB 1,647,124,000 (or RMB 1,475,877,000 if excluding gains or losses from changes in fair value of investment properties); and the loss attributable to owners of the Company (excluding gains or losses from changes in fair value of investment properties and after deduction of non-recurring profit and loss) was RMB 1,501,570,000. Losses per share attributable to ordinary shareholders of the Company were RMB 0.4892 (or RMB 0.4383 if excluding gains or losses from changes in fair value of investment properties, or RMB0.4460 if excluding gains or losses from changes in fair value of investment properties and after deduction of non-recurring profit and loss). During the reporting period, the loss attributable to owners of the Company achieved a significant year-on-year decrease in losses. Specifically, the operations of the Company's convention and exhibition and supporting facilities services segment remained stable. However, the real estate development segment - which balanced pricing and inventory turnover - continued to incur losses, resulting in an overall loss for the Company. お知らせ • Jan 14
Beijing North Star Company Limited Provides Earnings Guidance for the Year Ended 31 December 2025 Beijing North Star Company Limited provided earnings guidance for the year ended 31 December 2025. For the year, the company expects The net loss attributable to owners of the Company for the year 2025 is estimated to range from RMB 2,696,000,000 to RMB 3,380,000,000, continuing to record a loss as compared with the corresponding period of previous year (or range from
RMB 2,463,000,000 to RMB 3,093,000,000 if excluding gains or losses from changes in the fair value of investment properties, as the Company's expected loss from changes in the fair value of investment properties ranges approximately from RMB 233,000,000 to RMB 287,000,000). The net loss (excluding gains or losses from changes in fair value of investment properties and after deduction of non-recurring profit and loss) attributable to owners of the Company for the year of 2025 is estimated to range from RMB 2,513,000,000 to RMB 3,153,000,000, continuing to record a loss as compared with the corresponding period of previous year. During the reporting period, the Company 's convention and exhibition (including hotel) business and commercial properties business remained generally stable in their operations. The losses were mainly attributable to the impact of market adjustments, as the selling prices of the Company's real estate projects fell short of expectations. In accordance with accounting standards, the Company conducted a preliminary impairment test of its inventories and expects to make provisions for the impairment of inventories on certain real estate projects. お知らせ • Aug 19
Beijing North Star Company Limited Provides Unaudited Consolidated Earnings Guidance for the First Half of 2025 Beijing North Star Company Limited provided unaudited consolidated earnings guidance for the first half of 2025. For the period, due to the expected loss on changes in fair value arising from the revaluation of the Group's investment properties of approximately RMB 152,410,000 to RMB 188,370,000, the net loss attributable to owners of the Company for the first half of 2025 is expected to be approximately RMB 1,566,000,000 to RMB 1,939,000,000, as compared to a loss attributable to owners of the Company of approximately RMB 769,580,000 for the first half of 2024. お知らせ • Jan 17
Beijing North Star Company Limited Provides Earnings Guidance for the Year Ended 31 December 2024 Beijing North Star Company Limited provided earnings guidance for the year ended 31 December 2024. The net loss attributable to owners of the company (excluding gains or losses from changes in fair value of investment properties) for the year of 2024 is estimated to range from RMB 2,410,840,000 to RMB 3,053,880,000, representing a loss as compared with the corresponding period of 2023. The net loss (excluding gains or losses from changes in fair value of investment properties and after deduction of non-recurring profit and loss) attributable to owners of the company for the year of 2024 is estimated to range from RMB 2,549,640,000 to RMB 3,226,540,000, representing a loss as compared with the corresponding period of 2023. During the reporting period, though the operation of convention and exhibition (including hotels) business and commercial properties business of the Company remained stable, the settlement area in the period decreased as compared with the same period of previous year as affected by decrease in both development scale and sales volume of real estate business, resulting in decrease in the revenue year-on-year. The company dynamically adjusted its marketing strategies for real estate business according to market conditions to accelerate inventory reduction, resulting in decrease in gross profit margin. Certain real estate projects showed signs of impairment and the company is expected to make provisions for the impairment of inventories on certain real estate projects based on the prudence principle. お知らせ • Jul 15
Beijing North Star Company Limited Provides Earnings Guidance for Six Months June 30, 2023 Beijing North Star Company Limited provided earnings guidance for six month ended June 30, 2023. For the period, the company expects Profit attributable to owners of the Company (excluding gains or losses from changes in fair value of investment properties) is estimated to range from RMB 108,000,000 to RMB 112,000,000, as compared with the corresponding period of the preceding year, recording a turnaround from loss to profit. Profit (excluding gains or losses from changes in fair value of investment properties and after deduction of non-recurring profit and loss) attributable to owners of the Company is estimated to range from RMB 43,000,000 to RMB 59,000,000, as compared with the corresponding period of the preceding year, recording a turnaround from loss to profit. お知らせ • Jan 31
Beijing North Star Company Limited Provides Group Earnings Guidance for the Year Ended 31 December 2022 Beijing North Star Company Limited provided group earnings guidance for the year ended 31 December 2022. Based on the preliminary assessment by the Company's finance department: Loss attributable to owners of the company (excluding gains or losses from changes in fair value of investment properties) for the year of 2022 is estimated to range from RMB 1,071,259,000 to RMB 1,240,743,000, representing a loss as compared with the profit for the corresponding period of the preceding year. Loss (excluding gains or losses from changes in fair value of investment properties and after deduction of non-recurring profit and loss) attributable to owners of the Company for the year of 2022 is estimated to range from RMB1,121,257,000 to RMB1,300,744,000, representing a loss as compared with the profit for the corresponding period of the preceding year. Main Reasons for the Estimated Losses in Results for the Relevant Period: The Company's operation of convention and exhibition centers (including hotels) and commercial properties was time and again affected by the pandemic, with conference and exhibition centers, hotels and apartments being in stagnation for a long time, affecting the profit level of the Company. The real estate development segment was affected by macroeconomic regulation and control and settlement cycle changes, the settlement floor area was reduced, and the gross profit quality of the project that can be settled as revenue tended to be low. At the same time, as affected by the market environment, certain real estate projects ofthe Company showed signs of impairment. The Company conducted a preliminary impairment test on its inventories in accordance with accounting standards and expected to make provisions for the impairment of inventories on certain real estate projects, resulting in a comparatively substantial decline in profits for the segment.