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Dingyi Group Investment Limited ( (HK:0508) ) has provided an announcement.
Dingyi Group Investment Limited has issued a profit warning, indicating a substantial decrease in revenue to HK$279.7 million for the year ending March 2025, compared to HK$862.2 million the previous year. The company also expects a net loss of approximately HK$138.2 million, primarily due to reduced property sales in China, impairment losses, and write-downs, partially offset by gains in financial assets’ fair value.
More about Dingyi Group Investment Limited
Dingyi Group Investment Limited operates in the real estate industry, focusing on property development in China. The company is involved in developing and selling properties, which significantly impacts its revenue and financial performance.
Average Trading Volume: 206,842
Technical Sentiment Signal: Hold
Current Market Cap: HK$336M
For a thorough assessment of 0508 stock, go to TipRanks’ Stock Analysis page.