The loss was mainly due to the $290.9 million the group recognised in expected credit loss (ECL) allowances, mainly attributable to ECL provisions on certain non-performing debt investments, particularly in the real estate segment. This year, credit loss allowances made for under-performing debt investments, also increased due to deterioration in credit risk profiles and reflecting prevailing market conditions.
Yangzijiang Financial has reported a loss of $5.2 million in FY2025 ended Dec 31, 2025, compared to a profit of $304.6 million in FY2024.
“The recognition of FY2025 allowances reflects prevailing market conditions and aligns our portfolio valuations on a more conservative basis,” says executive chairman Liu Hua.
