tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Thelloy Development Group Issues Profit Warning Amid Increased Losses

Story Highlights
  • Thelloy Development Group expects a net loss of up to HK$17.0 million for the period ending September 2025.
  • The increased loss is due to joint venture losses from subsidiary disposals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Thelloy Development Group Issues Profit Warning Amid Increased Losses

TipRanks Black Friday Sale

Thelloy Development Group Limited ( (HK:1546) ) has issued an announcement.

Thelloy Development Group Limited has issued a profit warning, indicating an expected net loss of up to HK$17.0 million for the six months ending September 30, 2025, compared to a net loss of approximately HK$13.8 million for the same period in 2024. This increased loss is primarily due to the share of losses from a joint venture following the disposal of two subsidiaries. The announcement is based on preliminary unaudited financial data and is subject to further adjustments, with the final interim results expected by the end of November 2025.

More about Thelloy Development Group Limited

Thelloy Development Group Limited is a company incorporated in the Cayman Islands, operating in the construction and development industry. It focuses on providing construction services and development projects, primarily in the Hong Kong market.

Average Trading Volume: 374,117

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$47.2M

See more insights into 1546 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1