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Southeast Asia Properties & Finance Limited ( (HK:0252) ) just unveiled an update.
Southeast Asia Properties & Finance Limited has issued a profit warning, indicating an expected net loss of at least HK$10 million for the fiscal year ending March 31, 2025. This anticipated loss is a significant downturn from the previous year’s profit of approximately HK$55.9 million, primarily due to a decrease in the share of results from associates, following a substantial one-off gain from a change in the fair value of land in the prior year. The company’s financial results are still being finalized, and stakeholders are advised to exercise caution.
More about Southeast Asia Properties & Finance Limited
Southeast Asia Properties & Finance Limited, incorporated in Hong Kong, operates in the real estate and finance sectors. The company, along with its subsidiaries, focuses on property investment, development, and financial services, targeting markets primarily in Southeast Asia.
Average Trading Volume: 52,666
Technical Sentiment Signal: Sell
Current Market Cap: HK$362.9M
For a thorough assessment of 0252 stock, go to TipRanks’ Stock Analysis page.