According to the Zhitong Finance App, Jinli Group (00533) issued an announcement. It is expected that the profit earned by the Group's owners for the year ending December 31, 2023 will drop by about 25% compared to the amount of HK$154 million last year.

The Board believes that the decline in profit is mainly due to the expected drop in revenue from the grant of operating rights of approximately HK$19.7 million. The gross sales profit of the property development project in Meixian County is expected to drop by about HK$15.4 million.