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An announcement from Vanke Property (Overseas) ( (HK:1036) ) is now available.
Vanke Overseas Investment Holding Company Limited has issued a profit warning, indicating an expected loss of approximately HK$101 million for the first half of 2025, compared to a HK$29 million loss in the same period of 2024. The loss is attributed primarily to an increase in the fair value loss of its investment properties, which is a non-cash item and does not affect the company’s cash flow. Despite the anticipated loss, the company maintains a zero net debt ratio and remains financially stable, with its operations expected to continue stably in the latter half of 2025.
More about Vanke Property (Overseas)
Vanke Overseas Investment Holding Company Limited is a company incorporated in the Cayman Islands, operating in the real estate industry. It focuses on investment properties and is a subsidiary of the Vanke Group, a major player in the real estate market.
Average Trading Volume: 62,699
Technical Sentiment Signal: Buy
Current Market Cap: HK$677.8M
Find detailed analytics on 1036 stock on TipRanks’ Stock Analysis page.
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