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Sunac Services Holdings Ltd. ( (HK:1516) ) has shared an announcement.
Sunac Services Holdings Ltd. has announced a significant turnaround in its financial performance for the first half of 2025, reporting an expected unaudited profit of not less than RMB100 million, compared to a loss of approximately RMB472 million in the same period last year. This improvement is largely attributed to a substantial reduction in impairment provisions for related party receivables. However, the company anticipates a decrease in gross profit and margin due to deferred revenue recognition and increased repair costs, which may impact its financial stability and operational strategies moving forward.
The most recent analyst rating on (HK:1516) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Sunac Services Holdings Ltd. stock, see the HK:1516 Stock Forecast page.
More about Sunac Services Holdings Ltd.
Sunac Services Holdings Ltd. is a company incorporated in the Cayman Islands, operating in the property management industry. It provides a range of services related to property management and maintenance, focusing on enhancing the value and functionality of properties under its management.
Average Trading Volume: 9,691,879
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.62B
For a thorough assessment of 1516 stock, go to TipRanks’ Stock Analysis page.