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Shanghai Industrial Urban Development Group Ltd ( (HK:0563) ) has issued an update.
Shanghai Industrial Urban Development Group Ltd reported a significant decline in its interim financial results for the first half of 2025, with total revenue dropping from HK$2,980,833,000 in 2024 to HK$1,827,835,000 in 2025. The company faced a net loss of HK$562,427,000, attributed to reduced revenue from goods and services, increased finance costs, and a fair value loss on investment properties. Despite these challenges, the company recorded a positive exchange difference on currency translation and a slight fair value gain on equity instruments, contributing to a reduced total comprehensive expense compared to the previous year.
The most recent analyst rating on (HK:0563) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Shanghai Industrial Urban Development Group Ltd stock, see the HK:0563 Stock Forecast page.
More about Shanghai Industrial Urban Development Group Ltd
Shanghai Industrial Urban Development Group Ltd operates in the real estate industry, focusing on urban development projects. The company primarily engages in property development, investment, and management, catering to both residential and commercial markets.
Average Trading Volume: 2,822,276
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.63B
See more insights into 0563 stock on TipRanks’ Stock Analysis page.