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Harbour Centre Development Issues Profit Warning Amid Increased Losses

Story Highlights
  • Harbour Centre Development Limited reports increased losses due to property impairments.
  • The company maintains a healthy overall financial position despite the profit warning.
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Harbour Centre Development Issues Profit Warning Amid Increased Losses

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Harbour Centre Development Limited ( (HK:0051) ) has issued an update.

Harbour Centre Development Limited has issued a profit warning, indicating a significant increase in losses for the first half of 2025, primarily due to impairment provisions on development properties and revaluation deficits on investment properties. Despite this, the company maintains that its overall financial, business, and trading positions remain healthy, advising shareholders and investors to exercise caution.

More about Harbour Centre Development Limited

Harbour Centre Development Limited is a company incorporated in Hong Kong, operating with limited liability. It is involved in property development and investment, focusing on development properties and investment properties.

Average Trading Volume: 41,702

Technical Sentiment Signal: Sell

Current Market Cap: HK$3.21B

For an in-depth examination of 0051 stock, go to TipRanks’ Overview page.

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