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Glory Sun Financial Group Limited ( (HK:1282) ) has issued an update.
Renze Harvest International Limited has alerted investors that it expects to narrow its full-year loss for 2025 to no more than HK$130 million, compared with a loss of about HK$319.59 million in 2024. The figures are based on unaudited management accounts and remain subject to adjustment as the board finalises the annual results.
The improvement is mainly driven by a sharp reduction in fair value losses on investment properties, which are expected to fall from roughly HK$280.74 million in 2024 to about HK$67.31 million in 2025. The group also anticipates a significant drop in write-downs of property inventories, to around HK$0.87 million from HK$151.33 million a year earlier, signalling stabilising asset valuations and easing pressure on its property portfolio.
The most recent analyst rating on (HK:1282) stock is a Sell with a HK$0.09 price target. To see the full list of analyst forecasts on Glory Sun Financial Group Limited stock, see the HK:1282 Stock Forecast page.
More about Glory Sun Financial Group Limited
Renze Harvest International Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through a group structure that includes investment properties and property-related inventories. The company’s financial performance is significantly influenced by fair value changes in its property portfolio and the valuation of its property inventories in the Hong Kong market.
Average Trading Volume: 2,188,185
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$495M
Find detailed analytics on 1282 stock on TipRanks’ Stock Analysis page.