Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Asia Allied Infrastructure Holdings Limited ( (HK:0711) ) has provided an update.
Asia Allied Infrastructure Holdings Limited has issued a profit warning, forecasting a net loss of up to HK$275 million for the fiscal year ending March 31, 2025, compared to a net profit of HK$72 million the previous year. This anticipated loss is primarily due to a write-off of contract assets from certain projects and the absence of gains from the previous year’s disposal of leasehold land. The financial information is preliminary and unaudited, with final results expected to be published on June 26, 2025. Stakeholders are advised to exercise caution when dealing with the company’s securities.
More about Asia Allied Infrastructure Holdings Limited
Asia Allied Infrastructure Holdings Limited operates in the infrastructure industry, focusing on construction and engineering services. The company is involved in various projects aimed at optimizing asset utilization and enhancing operational efficiency.
Average Trading Volume: 555,557
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$816.1M
Learn more about 0711 stock on TipRanks’ Stock Analysis page.