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Capital Estate Limited ( (HK:0193) ) has issued an announcement.
Capital Estate Limited has issued a profit warning, announcing an expected loss of at least HK$7.0 million for the six-month period ending January 31, 2025, compared to a profit of HK$6.3 million in the same period the previous year. This shift from profit to loss is primarily due to a fair value loss in the company’s financial investment portfolio and a significant decrease in the share of profit from an associate, highlighting potential challenges in its investment strategy and market conditions.
More about Capital Estate Limited
Capital Estate Limited, incorporated in Hong Kong, operates in the financial investment sector, focusing on managing a portfolio of financial investments and engaging in property development and investment.
YTD Price Performance: 43.08%
Average Trading Volume: 94,815
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$108.4M
Learn more about 0193 stock on TipRanks’ Stock Analysis page.