HKR International Issues Profit Warning Amid Real Estate Market Challenges

HKR International Limited ( (HK:0480) ) has issued an announcement.

HKR International Limited has issued a profit warning, anticipating a substantial increase in losses for the fiscal year ending March 31, 2025. The projected loss of approximately HK$786 million is attributed to a decline in revenue from property sales and increased fair value losses on investment properties, reflecting challenging conditions in the real estate market. Stakeholders are advised to exercise caution as the company finalizes its audited results.

The most recent analyst rating on (HK:0480) stock is a Buy with a HK$1.16 price target. To see the full list of analyst forecasts on HKR International Limited stock, see the HK:0480 Stock Forecast page.

More about HKR International Limited

HKR International Limited is a company incorporated in the Cayman Islands, operating primarily in the real estate sector. The company’s main focus is on property development and investment, with a significant presence in the Hong Kong market.

Average Trading Volume: 295,686

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.31B

For an in-depth examination of 0480 stock, go to TipRanks’ Stock Analysis page.