Modern Land (China) Co., Ltd. ( (HK:1107) ) has provided an update.
Modern Land (China) Co., Ltd. has announced delays in the publication of its financial results for 2023 and 2024 due to ongoing audits, impacting the release of both annual and interim reports. Despite the challenging conditions in the Chinese real estate market, including weak sales and tough financing conditions, the company is maintaining its business operations and focusing on completing deliveries. The company is also working on fulfilling resumption guidance to update shareholders and investors on its progress.
More about Modern Land (China) Co., Ltd.
Modern Land (China) Co., Ltd. is a property developer in China, specializing in green, energy-saving, and eco-friendly residential developments. The company’s operations include property sales, property investment, hotel operations, real estate agency services, and other related services.
Average Trading Volume: 425,040
Technical Sentiment Signal: Hold
Current Market Cap: €6.97M
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