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Tern Properties Co. Ltd. ( (HK:0277) ) just unveiled an announcement.
Tern Properties Co. Ltd. reported its annual financial results for the year ending March 31, 2025, showing a significant decline in performance compared to the previous year. The company experienced a substantial loss due to a fair value loss on investment properties and a decrease in interest income, resulting in a total comprehensive expense of HK$47.4 million attributable to owners. Despite some gains from financial asset disposals and revaluations, the overall financial position reflects challenges in the property market and financial asset management, impacting stakeholders and the company’s market positioning.
More about Tern Properties Co. Ltd.
Tern Properties Co. Ltd. is a Hong Kong-based company primarily engaged in property investment and management. The company focuses on generating income through its portfolio of investment properties and financial assets.
Technical Sentiment Signal: Sell
Current Market Cap: HK$499M
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