Peking University Resources (00618) expects profit of about 1.8 billion yuan to 2 billion yuan in the medium term, turning a year-on-year loss into a profit

According to the Zhitong Finance App, Peking University Resources (00618) announced that it is expected that the Group will make a profit of about RMB 1.8 billion to RMB 2 billion for the six months ending September 30, 2025, while the Group will lose approximately RMB 1,355 billion in the six months ending September 30, 2024.

The expected profit during the Group period is mainly due to: (i) In August 2025, the Company injected all of the shares of its wholly-owned subsidiary Antai International Investment Group (Hong Kong) Limited into a partnership enterprise and obtained sales proceeds of approximately RMB 2,314 billion. The sale of 16 subsidiaries held by the company, 6 of which are engaged in property development business in China; (ii) after the completion of the aforementioned transaction, the group no longer owns any real estate development projects in the development stage, thereby drastically reducing financial expenses and anticipated liabilities associated with the sale of the group.