Country Garden Predicts Return to Profitability in 2025 Debt Restructuring Gains Drive Profit Turnaround

WealthCoffee · 2026-03-24T08:23:11+00:00

Country Garden expects to achieve a net profit of 1 billion to 2.2 billion yuan in 2025, but will still post a loss after excluding restructuring gains, mainly due to industry pressure and asset impairment. The company posted a loss of 35.145 billion yuan in 2024.

WealthCoffee

2026-03-24 08:23:11

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Caixin: Country Garden Holdings Co., Ltd. (02007.HK) announced a profit forecast on the evening of March 23, stating that driven by large non-cash gains from debt restructuring, the group is expected to achieve a profit of approximately 1 billion to 2.2 billion yuan in 2025. In 2024, Country Garden reported a loss of 35.145 billion yuan.

Excluding the impact of restructuring gains, Country Garden still expects to record a loss in 2025. “This is mainly due to industry impacts, pressure on gross profit margins from our development business, and further impairment provisions on certain assets and property projects,” the group said.

Country Garden was founded in 1992 and listed on the Hong Kong Stock Exchange in April 2007. From 2017 to 2022, it ranked first among real estate companies in sales for six consecutive years, with sales reaching as high as 758.8 billion yuan in 2021. Financial reports show that before 2021, Country Garden’s net profit was consistently positive, with a net profit of 40.982 billion yuan in 2021.

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