Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Standard Development Group Limited ( (HK:1867) ) has provided an announcement.
Standard Development Group Limited has issued a profit warning, anticipating a significant increase in its financial loss for the year ending March 31, 2025, estimated at not less than HK$40 million, compared to the previous year’s loss of approximately HK$20.13 million. This increase is attributed to decreased revenue in petroleum and construction sectors, higher administrative and finance expenses, and the nascent stage of its bio-nature gas projects, which have only recently begun generating revenue.
More about Standard Development Group Limited
Standard Development Group Limited operates in the petroleum, construction, and engineering sectors, with a focus on bio-nature gas projects.
Average Trading Volume: 298,108
Technical Sentiment Signal: Hold
Current Market Cap: HK$265.9M
Find detailed analytics on 1867 stock on TipRanks’ Stock Analysis page.