Summary by Futu AI
Sunac Services Holdings Limited (Sunac Services) issued a profit warning on 19 August 2024, indicating that unaudited financial data for the six months ended 30 June 2024 showed that the company's attributable loss to owners will not exceed CNY 0.5 billion. The loss primarily originated from impairment provisions for receivables from related parties. However, excluding this impairment provision and other non-core business factors, the company expects its core net profit for the same period not to be lower than last year. Shareholders and potential investors should note that these preliminary data have not been reviewed by auditors or audit committees, and the final figures may be adjusted. The company will announce detailed interim performance on 26 August 2024.