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.
An announcement from Planetree International Development Limited ( (HK:0613) ) is now available.
Planetree International Development Limited has announced a positive profit alert, expecting to record an unaudited consolidated profit before tax of approximately HK$99.4 million for the first half of 2025, compared to a loss in the same period of the previous year. This turnaround is attributed to gains from financial assets, equity investments, and a reversal of impairment loss on margin loan receivables, although it also includes a loss on investment properties. The interim results are yet to be finalized and are expected to be published in late August 2025.
More about Planetree International Development Limited
Planetree International Development Limited operates in the financial sector, focusing on investment and asset management services. The company is involved in managing financial assets and equity investments, with a market focus on generating returns through strategic financial activities.
Average Trading Volume: 695,642
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.82B
Find detailed analytics on 0613 stock on TipRanks’ Stock Analysis page.