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Sino Harbour Holdings Issues Profit Warning Amid Revenue Decline

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Sino Harbour Holdings Issues Profit Warning Amid Revenue Decline

Elevate Your Investing Strategy:

An update from Sino Harbour Holdings Group Limited ( (HK:1663) ) is now available.

Sino Harbour Holdings Group Limited has issued a supplemental announcement regarding a profit warning. The company expects a significant decrease in profit attributable to equity owners, projecting not more than RMB19 million for the current year compared to RMB52.5 million the previous year. This decrease is mainly attributed to reduced revenue from the sales of properties held for sale upon delivery of residential units.

More about Sino Harbour Holdings Group Limited

Sino Harbour Holdings Group Limited is a company incorporated in Bermuda, primarily involved in the real estate industry, focusing on the sale and delivery of residential units.

Average Trading Volume: 210,713

Technical Sentiment Signal: Sell

Current Market Cap: HK$209.4M

For detailed information about 1663 stock, go to TipRanks’ Stock Analysis page.

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