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CSI Properties ( (HK:0497) ) has shared an update.
CSI Properties Limited has issued a profit warning, indicating an expected consolidated loss of approximately HK$1,650 million to HK$1,700 million for the year ended 31 March 2025, a significant increase from the previous year’s loss of HK$426 million. This increase in loss is mainly due to a decrease in revenue from property sales and adverse changes in the fair value of investment properties, along with write-downs and impairment provisions. Despite these losses, which are non-cash items, the company’s overall financial and trading positions remain healthy.
The most recent analyst rating on (HK:0497) stock is a Buy with a HK$0.17 price target. To see the full list of analyst forecasts on CSI Properties stock, see the HK:0497 Stock Forecast page.
More about CSI Properties
CSI Properties Limited is a company incorporated in Bermuda with limited liability, primarily involved in the real estate industry. The company focuses on property investment, development, and trading, with a market presence in Hong Kong.
Average Trading Volume: 2,218,977
Current Market Cap: HK$2.19B
For a thorough assessment of 0497 stock, go to TipRanks’ Stock Analysis page.