According to Zhitong Finance App News, Ocean Group (03377) issued an announcement. It is expected that the Group will obtain losses attributable to the Company's owners of about RMB 650 billion to RMB 800 billion for the period ending June 30, 2026, while profit attributable mainly to one-time debt restructuring gains will be obtained by the Company's owners of approximately RMB 10.202 billion.

According to the announcement, the expected losses for this period are mainly due to continuous adjustments in China's overall real estate market in recent years, resulting in continued pressure on turnover and gross margin, as well as provision for further depreciation of property projects.

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