Cheuk Nang (Holdings) Limited ( (HK:0131) ) has issued an announcement.
Cheuk Nang (Holdings) Limited reported an unaudited consolidated loss of HK$34,919,000 for the six months ended December 31, 2024, compared to a profit in the previous year. Despite challenges in the Hong Kong property market, the company has seen satisfactory rental results in some projects. In China, the property market is showing positive momentum due to supportive government policies, with significant sales reported in Shenzhen. The Macau project is facing delays, with an appeal made to the Chief Executive regarding land development.
More about Cheuk Nang (Holdings) Limited
Cheuk Nang (Holdings) Limited is a company based in Hong Kong, primarily involved in the real estate industry. The company focuses on property development and management, with projects in Hong Kong, China, and Macau.
YTD Price Performance: -2.11%
Average Trading Volume: 348
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €129.2M
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