Styland Holdings Limited (HK:0211) has released an update.
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Styland Holdings Limited has released its audited consolidated financial results for the year ended March 31, 2024, revealing a loss from continuing operations which increased to HK$60,985,000 from HK$45,959,000 the previous year. The overall loss, including discontinued operations, also grew to HK$76,797,000 compared to HK$68,694,000 in the prior year. Despite a rise in turnover, the company faced higher losses due to changes in the fair value of investment properties, financial assets, and increased finance costs.
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