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CNT Group Limited ( (HK:0701) ) has shared an announcement.
CNT Group Limited has issued a profit warning for the first half of 2025, projecting a significant increase in losses compared to the same period in 2024. This increase is attributed to fair value losses on investment properties, the absence of a one-off recovery of defense costs, and losses from its subsidiary, CPM Group Limited. Despite these losses, the company maintains that its financial position remains healthy, with no impact on operating cash flow.
More about CNT Group Limited
CNT Group Limited operates in the investment and property sectors, focusing on managing investment properties in Hong Kong and Mainland China. The company also has interests in subsidiaries like CPM Group Limited.
Average Trading Volume: 634,818
Technical Sentiment Signal: Sell
Current Market Cap: HK$418.8M
See more data about 0701 stock on TipRanks’ Stock Analysis page.