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Redsun Properties Group Ltd. ( (HK:1996) ) has shared an update.
Redsun Properties Group Ltd. has announced a significant reduction in its net loss for the year ending December 31, 2024, with an expected loss between RMB5,000 million to RMB6,000 million, marking a decrease of no less than 22% compared to the previous year. This improvement is attributed to reduced impairment losses on properties and a decrease in fair value loss on investment properties. However, the results are based on preliminary unaudited accounts and may differ from the final figures to be released by March 2025.
More about Redsun Properties Group Ltd.
Redsun Properties Group Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the real estate industry. The company focuses on the development and sale of properties, including properties under development and completed properties held for sale.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €26.2M
See more data about 1996 stock on TipRanks’ Stock Analysis page.
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