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Nimble Holdings Issues Profit Warning Amid Decline in Property Sales

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Nimble Holdings Issues Profit Warning Amid Decline in Property Sales

Elevate Your Investing Strategy:

Nimble Holdings Company ( (HK:0186) ) has shared an update.

Nimble Holdings Company Limited has issued a profit warning, indicating an expected decrease in profit attributable to owners for the year ending March 31, 2025. The anticipated profit is approximately HK$1 million, a significant drop from HK$132 million the previous year. This decline is attributed to a decrease in property sales area, lack of litigation settlement gains, and impairment losses on properties held for sale. The final results, which may differ from these estimates, are expected to be published by the end of June 2025.

More about Nimble Holdings Company

Nimble Holdings Company Limited, incorporated in the Cayman Islands and continued in Bermuda, operates within the property development and investment industry. The company, along with its subsidiaries, is listed on the Hong Kong Stock Exchange and focuses on property sales and management.

Average Trading Volume: 69,342

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.26B

For a thorough assessment of 0186 stock, go to TipRanks’ Stock Analysis page.

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