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Country Garden Holdings Co ( (HK:2007) ) has shared an update.
Country Garden Holdings Company Limited has issued a profit warning, indicating an expected loss of RMB18.5 billion to RMB21.5 billion for the first half of 2025, compared to a loss of RMB15.1 billion in the same period last year. This increase in loss is attributed to a reduction in the scale of real estate project settlements and increased asset impairments. Despite these challenges, the company is actively working on debt risk resolution through restructuring and cost management, while also striving to improve operational efficiencies and return to a sustainable development cycle.
The most recent analyst rating on (HK:2007) stock is a Hold with a HK$0.40 price target. To see the full list of analyst forecasts on Country Garden Holdings Co stock, see the HK:2007 Stock Forecast page.
More about Country Garden Holdings Co
Country Garden Holdings Company Limited is a major player in the real estate industry, primarily focusing on the development of residential properties. The company operates extensively in the Chinese market, delivering a significant number of housing units annually.
Average Trading Volume: 72,003,368
Technical Sentiment Signal: Sell
Current Market Cap: HK$13.3B
For an in-depth examination of 2007 stock, go to TipRanks’ Overview page.