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Capital Estate Limited ( (HK:0193) ) just unveiled an update.
Capital Estate Limited has issued a profit warning, indicating an expected loss of at least HK$13.0 million for the year ending July 31, 2025, compared to a profit of HK$5.6 million the previous year. This shift from profit to loss is attributed to a significant decrease in the share of profit from an associate due to reduced revenue and property value, as well as increased depreciation costs following hotel renovations.
More about Capital Estate Limited
Capital Estate Limited is a Hong Kong-based company involved in real estate and hospitality, focusing on managing and investing in properties and hotels.
Average Trading Volume: 504,528
Technical Sentiment Signal: Sell
Current Market Cap: HK$48.27M
For an in-depth examination of 0193 stock, go to TipRanks’ Overview page.