An announcement from Kaisa Capital Investment Holdings Limited ( (HK:0936) ) is now available.
Kaisa Capital Investment Holdings Limited has issued a profit warning, indicating an expected net loss between HK$108 million and HK$118 million for the year ended December 31, 2024, primarily due to an impairment of property under development amounting to approximately HK$115 million. This marks a significant downturn from the previous year’s net profit of approximately HK$5 million, highlighting potential challenges in the company’s operations and signaling caution for shareholders and investors.
More about Kaisa Capital Investment Holdings Limited
Kaisa Capital Investment Holdings Limited is a company incorporated in the Cayman Islands with limited liability, listed on the Stock Exchange of Hong Kong. It operates within the investment sector, focusing on capital investments and property development.
YTD Price Performance: -29.33%
Average Trading Volume: 62,500
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$112.4M
See more data about 0936 stock on TipRanks’ Stock Analysis page.