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Peking University Resources Holdings Co. Ltd. ( (HK:0618) ) has issued an announcement.
Peking University Resources Holdings Co. Ltd. has announced a significant turnaround in its financial performance, expecting a profit between RMB1,800 million and RMB2,000 million for the six months ending September 2025, compared to a loss of RMB1,355 million in the same period in 2024. This positive shift is attributed to the disposal of its entire shareholding in a subsidiary, leading to a gain of approximately RMB2,314 million, and the subsequent reduction in financial costs and liabilities, as the company no longer holds real estate projects in the development stage.
More about Peking University Resources Holdings Co. Ltd.
Peking University Resources Holdings Co. Ltd. operates in the property development industry, primarily focusing on real estate projects in the People’s Republic of China. The company has been involved in various property development ventures through its subsidiaries.
Average Trading Volume: 564,169
Technical Sentiment Signal: Sell
Current Market Cap: HK$448.9M
Learn more about 0618 stock on TipRanks’ Stock Analysis page.