Poly Development: Net profit is expected to decrease by 58.43% year-on-year in 2024.

On January 17, Poly Development announced that it is expected that the net profit attributable to the owner of the parent company will be 5.016 billion yuan in 2024, which will be reduced by 7.051 billion yuan compared with the same period of the previous year, a year-on-year decrease of 58.43%; it is expected that the net profit deducted from non-recurring profits and losses attributable to the owner of the parent company will be 4.492 billion yuan in 2024, which will be reduced by 7.298 billion yuan compared with the same period of the previous year, a year-on-year decrease of 61.90%.