SEA Holdings Ltd. (HK:0251) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
SEA Holdings Limited has announced an expected substantial decrease in its losses for the first half of 2024, estimating a loss of around HK$70 million, a significant improvement from the HK$437 million loss in the same period the previous year. The improvement is mainly due to the absence of fair value loss on UK investment properties and no impairment loss on listed debt securities investments. Shareholders and potential investors are cautioned to be prudent when trading the company’s shares.
For further insights into HK:0251 stock, check out TipRanks’ Stock Analysis page.