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Kaisa Group Holdings Ltd. ( (HK:1638) ) has issued an announcement.
Kaisa Group Holdings Ltd. reported a significant decline in its financial performance for the first half of 2025, with total revenue dropping by 31.8% and gross profit decreasing by 37.8% compared to the same period in 2024. The company also experienced a 12.3% increase in losses, amounting to approximately RMB10,096.7 million, and a 43.7% decrease in contracted sales. No interim dividend was declared, reflecting the challenging market conditions and financial pressures faced by the company.
More about Kaisa Group Holdings Ltd.
Kaisa Group Holdings Ltd. is a company incorporated in the Cayman Islands, operating primarily in the real estate industry. The company is involved in property development, investment, and management, focusing on the Chinese market.
Average Trading Volume: 2,975,193
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.09B
For a thorough assessment of 1638 stock, go to TipRanks’ Stock Analysis page.