tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Landsea Green Management Updates on Action Plan to Address Auditor’s Disclaimer

Story Highlights
  • Landsea Green is adjusting sales and negotiating loans to address financial uncertainties.
  • The company is reducing expenses and workforce to improve operational efficiency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Landsea Green Management Updates on Action Plan to Address Auditor’s Disclaimer

Elevate Your Investing Strategy:

Landsea Green Properties Co., Ltd. ( (HK:0106) ) has shared an update.

Landsea Green Management Limited has provided an update on its action plan aimed at addressing the auditor’s disclaimer of opinion on its financial statements for FY2024. The company is actively adjusting its sales strategies, negotiating with financial institutions for development loans, and managing its trade receivables to improve cash flow. Additionally, the company is reducing administrative expenses and workforce to enhance operational efficiency. These measures are part of its efforts to resolve financial uncertainties and improve its market position.

More about Landsea Green Properties Co., Ltd.

Landsea Green Management Limited operates in the real estate industry, focusing on property development and management services. The company is involved in the sale and pre-sale of properties, maintaining communication with builders and suppliers, and negotiating financial arrangements to support its projects.

YTD Price Performance: 36.36%

Average Trading Volume: 10,893,317

Technical Sentiment Signal: Sell

Current Market Cap: HK$63.81M

Find detailed analytics on 0106 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1