tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Styland Holdings Forecasts Reduced Loss in 2024

Styland Holdings Forecasts Reduced Loss in 2024

Styland Holdings Limited (HK:0211) has released an update.

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.

Styland Holdings Limited has issued a profit warning, expecting to reduce its net loss to HK$18,020,000 for the six months ending September 2024, compared to HK$26,658,000 in the same period last year. This improvement is primarily due to decreased administrative and selling expenses, along with gains in the fair value of financial assets. Investors are advised to exercise caution when dealing with the company’s securities.

For further insights into HK:0211 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1