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Coastal Greenland Limited ( (HK:1124) ) has shared an update.
Coastal Greenland Limited reported a significant increase in revenue to approximately HK$115.8 million for the year ending March 31, 2025, compared to HK$4.2 million the previous year. Despite this, the company still faced a loss of approximately HK$381.9 million, though this was an improvement from the HK$1,399.5 million loss reported last year. The net debt to total equity ratio was maintained at a manageable 58%, indicating a stable financial position. The results reflect ongoing challenges in the real estate market, but also show signs of recovery and improved financial management.
More about Coastal Greenland Limited
Coastal Greenland Limited is a company incorporated in Bermuda, operating in the real estate industry. The company focuses on property development and related services, primarily targeting the Chinese market.
YTD Price Performance: 7.19%
Average Trading Volume: 159,407
Technical Sentiment Signal: Sell
Current Market Cap: HK$61.78M
Find detailed analytics on 1124 stock on TipRanks’ Stock Analysis page.