Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Talent Property Group Limited ( (HK:0760) ) has shared an update.
Talent Property Group Limited has issued a profit warning, anticipating a significant increase in losses for the fiscal year ending December 31, 2024, with expected losses ranging from RMB120 million to RMB170 million. This increase is attributed to reduced revenue from completed unit sales, a decline in gross profit margin, and changes in sales mix, alongside a shift from profit to loss in associate contributions and additional charges related to project costs. Stakeholders are advised to exercise caution as the financial results are still under preparation and subject to adjustments.
More about Talent Property Group Limited
Talent Property Group Limited operates in the real estate industry, focusing on property development and management. The company is involved in projects such as the Xuzhou Linan Intelligent Industrial Park and the Linhe Cun Rebuilding project, indicating a market focus on industrial and residential property development.
YTD Price Performance: -31.58%
Average Trading Volume: 252,182
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$66.91M
Learn more about 0760 stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue