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Coastal Greenland Limited ( (HK:1124) ) has shared an update.
Coastal Greenland Limited, a Bermuda-incorporated property company listed in Hong Kong, focuses on developing and selling real estate projects. Its financial performance is closely watched by investors who track its interim and annual reports for insights into the property market and the group’s capital position.
The company has issued a clarification to its 2025 interim results and interim report, restating revenue for the six months ended 30 September 2025 to HK$103.96 million and separately disclosing cost of sales of HK$69.02 million. The change arises from reversing a previous offset between revenue and cost of sales for property transactions, but the company emphasized that the adjustment is purely a reclassification with no impact on reported gross profit, net profit or loss, or other disclosed results for the period.
The most recent analyst rating on (HK:1124) stock is a Hold with a HK$0.21 price target. To see the full list of analyst forecasts on Coastal Greenland Limited stock, see the HK:1124 Stock Forecast page.
More about Coastal Greenland Limited
Coastal Greenland Limited is a Bermuda-incorporated company listed in Hong Kong and engaged in property-related business, including the development and sale of properties. Its operations focus on generating revenue from property sales, with financial reporting aligned to Hong Kong listing requirements for the real estate sector.
Average Trading Volume: 660,360
Technical Sentiment Signal: Sell
Current Market Cap: HK$88.31M
For an in-depth examination of 1124 stock, go to TipRanks’ Overview page.