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An announcement from Sino Harbour Holdings Group Limited ( (HK:1663) ) is now available.
Sino Harbour Holdings Group Limited announced its annual results for the fiscal year ending March 31, 2025, reporting a revenue of approximately RMB526.0 million, a decline from the previous year’s RMB891.7 million. The company’s profit after tax also decreased to RMB12.5 million from RMB31.4 million in FY2024. The board decided not to recommend a final dividend for FY2025, reflecting a cautious approach amid reduced earnings and increased bank loans, which stood at RMB565.0 million. This financial performance indicates challenges in maintaining profitability and liquidity, impacting stakeholders’ expectations and the company’s strategic positioning in the real estate market.
More about Sino Harbour Holdings Group Limited
Sino Harbour Holdings Group Limited is a company incorporated in Bermuda, primarily engaged in the real estate industry. The company focuses on the development and sale of residential units and car park spaces, with a significant market presence in the People’s Republic of China.
Average Trading Volume: 238,685
Technical Sentiment Signal: Sell
Current Market Cap: HK$204.5M
See more insights into 1663 stock on TipRanks’ Stock Analysis page.