China South City Holdings Limited (HK:1668) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
China South City Holdings Limited has announced a further delay in the payment of its final dividend for the fiscal year ending March 2023, now scheduled for on or before December 31, 2025. The delay is due to financial difficulties following an offshore debt default, prompting the company to seek external financing, enhance sales efforts, and explore asset disposal to improve cash flow. Investors are advised to exercise caution when dealing with the company’s securities.
For further insights into HK:1668 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue