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Chuang’s China Projects Increased Loss Amid Market Volatility

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Chuang’s China Investments Limited ( (HK:0298) ) just unveiled an update.

Chuang’s China Investments Limited has announced an expected increase in its loss for the financial year ending March 31, 2025, estimating a loss between HK$385 million to HK$425 million, compared to HK$321 million the previous year. This anticipated loss is primarily due to a fair value loss of investment properties and an impairment provision for a development site in Anshan, PRC. Despite this, the company maintains a healthy financial position, with no immediate cash flow impact expected.

More about Chuang’s China Investments Limited

Average Trading Volume: 1,385,464

Technical Sentiment Signal: Hold

Current Market Cap: HK$279.3M

See more insights into 0298 stock on TipRanks’ Stock Analysis page.

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