Ruisen Life Services expects to turn profitable in 2025 with annual profit of at least 65 million yuan

NightAirdropper · 2026-03-24T19:48:07+00:00

Ruisen Life Services Limited is expected to achieve a profit of RMB 66 million in 2025, while in 2024 it will incur a loss of RMB 20.6 million. The improvement in profitability is mainly due to a decrease in impairment losses on financial assets and impairment losses on deposits for parking spaces without allocated parking spots. The stock has been suspended from trading since 2024.

NightAirdropper

2026-03-24 19:48:07

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Insight Network News: On March 24, Risen Life Services Co., Ltd. released a positive profit forecast, expecting to achieve a net profit of no less than 65 million RMB in 2025, while recording a net loss of approximately 20.6 million RMB in 2024, turning losses into gains.

According to the announcement, the profit improvement is mainly due to a decrease of about 45.9 million RMB in net impairment losses on financial assets compared to 2024, and no impairment loss on parking space deposits in 2025, whereas in 2024, such losses were approximately 53.7 million RMB.

Risen Life Services shares have been suspended from trading on the Hong Kong Stock Exchange since 9:04 AM on August 28, 2024, and will remain suspended until further notice.

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.

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