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Times China Holdings ( (HK:1233) ) has issued an update.
Times China Holdings Limited has issued a profit warning, indicating an expected net loss between RMB3.3 billion and RMB3.6 billion for the first half of 2025, compared to a net loss of RMB3.02 billion in the same period of 2024. This increased loss is attributed to a weak real estate market affecting revenue and profit margins, higher finance costs due to decreased interest capitalization rates, and increased impairment provisions for property projects.
More about Times China Holdings
Times China Holdings Limited is a company incorporated in the Cayman Islands, operating in the real estate industry. The company, along with its subsidiaries, focuses on property development and investment, primarily within the Chinese market.
YTD Price Performance: -58.88%
Average Trading Volume: 1,210,166
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$384.6M
For an in-depth examination of 1233 stock, go to TipRanks’ Overview page.