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China Sandi Delays 2024 Results but Says Mainland Property Operations Ongoing

Story Highlights
  • China Sandi plans to release long-delayed 2024 annual results by March 2026, with interim reporting also postponed.
  • Despite suspended trading and PRC property market weakness, the group says operations continue and it seeks a new company secretary to regain compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Sandi Delays 2024 Results but Says Mainland Property Operations Ongoing

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An announcement from China Sandi Holdings Ltd. ( (HK:0910) ) is now available.

China Sandi Holdings has provided a quarterly update stating that the audit of its consolidated financial statements for the year ended 31 December 2024 remains in progress, with the company aiming to release its delayed 2024 annual results by 1 March 2026, which has also pushed back publication of its 2025 interim results and reports. The group says its business operations continue as normal despite trading in its shares remaining suspended and liquidity pressure from challenging financing conditions and subdued property sales in the PRC, while it focuses on timely project delivery and stable core operations and continues searching for a new company secretary to restore compliance with Hong Kong listing requirements.

More about China Sandi Holdings Ltd.

China Sandi Holdings Limited is a Bermuda-incorporated company principally engaged in property development and the holding of properties for investment and rental purposes in mainland China, where it operates within a real estate market currently under sustained downward pressure and weak sales across most regions.

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$71.23M

For an in-depth examination of 0910 stock, go to TipRanks’ Overview page.

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