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Asia Standard International Reports Increased Sales Amidst Continued Losses

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Asia Standard International Reports Increased Sales Amidst Continued Losses

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The latest announcement is out from Asia Standard International Group ( (HK:0129) ).

Asia Standard International Group Limited reported its financial results for the year ended March 31, 2025, showing a significant increase in contracted sales of properties by 91% compared to the previous year. Despite this growth, the company experienced a substantial loss attributable to shareholders, amounting to HK$3,751 million, although this was an improvement from the previous year’s loss. The company’s total assets and net assets decreased by 9% and 20%, respectively, reflecting ongoing challenges in the market.

More about Asia Standard International Group

Asia Standard International Group Limited operates in the real estate industry, focusing on property development, investment, and management. The company is involved in the sale of properties, leasing, and other related services, with a market focus primarily in Hong Kong.

YTD Price Performance: -10.0%

Average Trading Volume: 134,891

Technical Sentiment Signal: Sell

Current Market Cap: HK$447.5M

Find detailed analytics on 0129 stock on TipRanks’ Stock Analysis page.

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