Peking University Resources (00618.HK): Positive Profit Alert, Expected Annual Profit of RMB 1.4 Billion to RMB 1.8 Billion

NewTimeSpace News: On June 17, 2026, Peking University Resources (00618.HK) released a positive profit alert. Based on information currently available to the Board and preliminary review of unaudited consolidated management accounts, the Group is expected to record a net profit of roughly RMB 1.4 billion to RMB 1.8 billion for the year ended 31 March 2026, contrasting with a net loss of around RMB 2.52 billion registered in the corresponding previous year.

The Board attributes the anticipated profitability mainly to substantial gain on disposal recognised upon the injection of all equity interests in wholly-owned subsidiary Antai International Investment Group (Hong Kong) into a partnership in August 2025. Following the transaction, the Group no longer holds real estate development projects under construction, leading to a sharp reduction in relevant finance costs and provisions for anticipated liabilities. These positive effects were partially offset by fair value losses on investment properties amid a sluggish property market.

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