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Asiasec Properties Limited ( (HK:0271) ) has shared an announcement.
Asiasec Properties Limited has issued a profit warning, indicating a projected net loss between HK$60 million and HK$65 million for the first half of 2025, a significant increase from the HK$17 million loss in the same period of 2024. This decline is primarily due to a higher net decrease in the fair value of its investment properties. The interim results are yet to be finalized and may be subject to adjustments, urging shareholders and potential investors to exercise caution.
More about Asiasec Properties Limited
Asiasec Properties Limited is a company incorporated in Hong Kong, operating in the real estate industry. The company focuses on investment properties, which are a significant aspect of its business operations.
Average Trading Volume: 51,971
Technical Sentiment Signal: Sell
Current Market Cap: HK$206M
See more insights into 0271 stock on TipRanks’ Stock Analysis page.