Chuang’s Consortium International (HK:0367) has released an update.
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Chuang’s Consortium International has bolstered its financial position with a net gain of HK$25.8 million from the sale of the International Financial Centre in Mongolia. The company is actively advancing its real estate projects, including the pre-sale of units in the ARUNA development and full sell-out of ONE SOHO units, while maintaining substantial cash resources of HK$2.0 billion. Despite reporting a loss of HK$292.8 million, the loss has decreased by 39.6%, reflecting improved financial performance.
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