Chuang’s Consortium Reports Reduced Losses Amid Market Volatility

An update from Chuang’s Consortium International ( (HK:0367) ) is now available.

Chuang’s Consortium International Limited has announced an expected reduction in its losses for the fiscal year ending March 31, 2025, with anticipated losses ranging between HK$580 million to HK$640 million, compared to a loss of HK$932 million in the previous year. This improvement is attributed to gains from the disposal of subsidiaries in Mongolia and Singapore, despite facing fair value losses and impairment provisions in its property investments. The company assures stakeholders that these losses are primarily accounting losses with no immediate cash flow impact, maintaining a healthy financial position.

More about Chuang’s Consortium International

Chuang’s Consortium International Limited is a company incorporated in Bermuda with limited liability, operating primarily in the property markets of Hong Kong and the People’s Republic of China. The company is involved in property development and investment, focusing on the volatile real estate markets in these regions.

Average Trading Volume: 141,593

Technical Sentiment Signal: Sell

Current Market Cap: HK$593.8M

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