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JY Grandmark Holdings Limited ( (HK:2231) ) has provided an update.
JY Grandmark Holdings Limited has issued an update regarding the disclaimer of opinion in its 2024 annual report, addressing uncertainties about its ability to continue as a going concern. The company is actively negotiating with lenders to renew and extend repayment terms for substantial borrowings and is adjusting its sales strategies to improve liquidity. Additionally, the company is seeking alternative financing to meet its financial obligations and operational expenses, indicating a proactive approach to stabilizing its financial position.
The most recent analyst rating on (HK:2231) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on JY Grandmark Holdings Limited stock, see the HK:2231 Stock Forecast page.
More about JY Grandmark Holdings Limited
JY Grandmark Holdings Limited is a company incorporated in the Cayman Islands, operating in the real estate industry. The company, along with its subsidiaries, focuses on property development and sales, with a market presence primarily in China.
Average Trading Volume: 755,913
Technical Sentiment Signal: Sell
Current Market Cap: HK$296.3M
See more data about 2231 stock on TipRanks’ Stock Analysis page.