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Ronshine China Holdings Ltd. ( (HK:3301) ) just unveiled an update.
Ronshine China Holdings Limited reported a significant downturn in its interim financial results for the six months ending June 30, 2025. The company experienced a 37.30% drop in contracted sales and an 85.06% decrease in total revenue compared to the same period in 2024. The gross profit also plummeted by 80.61%, leading to a substantial loss of RMB1,704.13 million, a stark contrast to the profit recorded in the previous year. The gearing ratio increased significantly, indicating higher financial leverage, which could impact the company’s future financial stability and stakeholder confidence.
More about Ronshine China Holdings Ltd.
Ronshine China Holdings Limited is a company incorporated in the Cayman Islands, primarily operating in the real estate industry. It focuses on property development and sales, catering to the growing housing demands in China.
Average Trading Volume: 1,765,462
Technical Sentiment Signal: Sell
Current Market Cap: HK$333.3M
For detailed information about 3301 stock, go to TipRanks’ Stock Analysis page.