Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Kin Shing Holdings Ltd. ( (HK:1630) ) has shared an announcement.
Kin Shing Holdings Limited announced a significant reduction in its consolidated loss after tax for the year ended March 31, 2025, reporting a loss of not more than HK$10.0 million compared to HK$43.8 million the previous year. This improvement is attributed to an unrealized gain on trading securities, dividend income, and a reduced provision for impairment losses, despite a decline in gross profit due to market fluctuations in the construction industry.
More about Kin Shing Holdings Ltd.
Kin Shing Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in trading and investment activities. The company operates within the construction industry, focusing on managing trading securities and investments.
Average Trading Volume: 665,076
Technical Sentiment Signal: Sell
Current Market Cap: HK$63M
For an in-depth examination of 1630 stock, go to TipRanks’ Overview page.