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Joy City Property Limited ( (HK:0207) ) just unveiled an update.
Joy City Property Limited has issued a profit warning, indicating an expected loss of RMB240 million to RMB340 million for the fiscal year 2024, compared to a profit of RMB340 million in 2023. This downturn is attributed to a decrease in profit share from associates and joint ventures due to the settlement and development cycle of its projects, along with reduced gains from the disposal of subsidiaries.
More about Joy City Property Limited
Joy City Property Limited is a real estate company incorporated in Bermuda, focusing on property development projects and related ventures.
YTD Price Performance: 10.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €403.3M
For a thorough assessment of 0207 stock, go to TipRanks’ Stock Analysis page.
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