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Shanghai Shimao Reports Improved Financial Results Amidst Continued Losses

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Shanghai Shimao Reports Improved Financial Results Amidst Continued Losses

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Shimao Property Holdings ( (HK:0813) ) just unveiled an announcement.

Shanghai Shimao Co., Ltd., a subsidiary of Shimao Group Holdings Limited, reported its unaudited financial results for the first half of 2025, showing an operating income of RMB 3.59 billion, up from RMB 2.67 billion in the same period last year. Despite the increase in operating income, the company faced a net loss of RMB 729 million, a significant improvement from the previous year’s loss of RMB 4.97 billion, indicating a challenging yet improving financial landscape for the company.

The most recent analyst rating on (HK:0813) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Shimao Property Holdings stock, see the HK:0813 Stock Forecast page.

More about Shimao Property Holdings

Shimao Property Holdings is a company incorporated in the Cayman Islands, with a significant presence in the real estate industry. It primarily focuses on property development and investment, with its subsidiary, Shanghai Shimao Co., Ltd., operating in the People’s Republic of China. The company holds an approximately 66.18% interest in Shanghai Shimao.

Average Trading Volume: 23,831,165

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$2.97B

For detailed information about 0813 stock, go to TipRanks’ Stock Analysis page.

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