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The latest update is out from Zhongliang Holdings Group Company Limited ( (HK:2772) ).
Zhongliang Holdings Group Company Limited has issued a profit warning, indicating an expected loss of between RMB0.5 billion and RMB1.0 billion for the first half of 2025, compared to a loss of approximately RMB1.7 billion in the same period of 2024. The anticipated loss is attributed to decreased revenue from property sales, reduced gross profit, and further impairments on property projects due to the challenging macroeconomic environment and difficulties in China’s real estate sector.
More about Zhongliang Holdings Group Company Limited
Zhongliang Holdings Group Company Limited is a real estate company incorporated in the Cayman Islands, focusing on property development and sales in the Chinese market.
YTD Price Performance: -30.0%
Average Trading Volume: 3,614,613
Technical Sentiment Signal: Sell
Current Market Cap: HK$340.1M
See more data about 2772 stock on TipRanks’ Stock Analysis page.