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Eminence Enterprise Reports Increased Losses Despite Revenue Growth

Story Highlights
  • Eminence Enterprise Limited’s core business is property development and investment.
  • The company reported increased losses due to higher financial and property-related costs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eminence Enterprise Reports Increased Losses Despite Revenue Growth

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An announcement from Eminence Enterprise Limited ( (HK:0616) ) is now available.

Eminence Enterprise Limited reported a significant increase in its consolidated loss for the financial year ending March 31, 2025, amounting to approximately HK$365,299,000, compared to HK$213,149,000 in the previous year. This increase was mainly due to higher losses on investment properties, financial assets, and convertible notes, despite a 46.1% rise in revenue from continuing operations. The company’s gross profit margin decreased to 59.8% from 88.5% the previous year, and no final dividend was recommended.

More about Eminence Enterprise Limited

Eminence Enterprise Limited is primarily engaged in property development and investment, focusing on the acquisition and redevelopment of old buildings. The company also invests in securities and provides loan financing, with property development and investment as its core operations.

Average Trading Volume: 2,735,000

Technical Sentiment Signal: Sell

Current Market Cap: HK$85.21M

Learn more about 0616 stock on TipRanks’ Stock Analysis page.

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