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Asia Allied Infrastructure Holdings Limited ( (HK:0711) ) has issued an announcement.
Asia Allied Infrastructure Holdings Limited announced a significant financial turnaround, expecting a net profit of at least HK$60 million for the six months ending September 2025, compared to a net loss of approximately HK$264 million in the same period the previous year. This improvement is attributed to the write-off of contract assets from past projects and the normalization of construction operations, marking a positive shift in the company’s financial health and operational stability.
The most recent analyst rating on (HK:0711) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Allied Infrastructure Holdings Limited stock, see the HK:0711 Stock Forecast page.
More about Asia Allied Infrastructure Holdings Limited
Asia Allied Infrastructure Holdings Limited operates in the construction industry, focusing on infrastructure development and related services. The company is involved in projects that span various sectors, contributing to the development of essential infrastructure in the region.
Average Trading Volume: 344,989
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$794.5M
For a thorough assessment of 0711 stock, go to TipRanks’ Stock Analysis page.