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An announcement from Road King Infrastructure ( (HK:1098) ) is now available.
Road King Infrastructure Limited has issued a profit warning, indicating a significant net loss for the first half of 2025, ranging from HK$1,500 million to HK$1,700 million. This downturn is attributed to a sluggish property market and challenging operating conditions, leading to reduced profit margins and increased impairment provisions. The company’s financial performance is further impacted by the absence of a substantial net gain from the previous year’s disposal of its toll road business in Mainland China.
More about Road King Infrastructure
Road King Infrastructure Limited is a company incorporated in Bermuda, primarily engaged in property development and infrastructure operations. The company focuses on property projects in Mainland China and Hong Kong, catering to the real estate market.
YTD Price Performance: -38.60%
Average Trading Volume: 245,006
Technical Sentiment Signal: Sell
Current Market Cap: HK$524.5M
See more data about 1098 stock on TipRanks’ Stock Analysis page.