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Sunrise Real Estate Delays 10-Q Filing

Story Highlights
  • Sunrise Real Estate delays Form 10-Q due to financial statement preparation issues.
  • The company expects to file the report within five days, showing increased revenues and reduced losses.
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Sunrise Real Estate Delays 10-Q Filing

Sunrise Real Estate Group ( (SRRE) ) has released a notification of late filing.

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Sunrise Real Estate Group, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending March 31, 2025. The primary reason for the delay is a setback in the preparation of its financial statements. The company anticipates filing the delayed report within five calendar days following the original due date. Preliminary financial results indicate a significant increase in net revenues to $9,787,786 for the three months ended March 31, 2025, compared to $1,899,714 for the same period in 2024, while net losses have decreased to $(2,247,477) from $(4,798,689). Sunrise Real Estate Group is committed to resolving the delay promptly, as indicated by the signature of CEO Zhang, Jian on the notification.

More about Sunrise Real Estate Group

Average Trading Volume: 13,922

Technical Sentiment Signal: Sell

Current Market Cap: $13.13M

For a thorough assessment of SRRE stock, go to TipRanks’ Stock Analysis page.

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