SEA Holdings Ltd. ( (HK:0251) ) has shared an update.
SEA Holdings Ltd. announced a significant reduction in its expected financial loss for the year ending December 31, 2024, with an anticipated loss of HK$140 million compared to HK$854 million in the previous year. This improvement is mainly due to a decrease in fair value loss on UK investment properties and the absence of impairment loss on listed debt securities investments. The final audited results are expected in March 2025, and stakeholders are advised to exercise caution.
More about SEA Holdings Ltd.
SEA Holdings Ltd. is a company incorporated in Bermuda, primarily engaged in property investment and development. The company focuses on investment properties in various regions, including the United Kingdom, and is listed on the Stock Exchange of Hong Kong.
YTD Price Performance: -0.70%
Average Trading Volume: 17,657
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$855M
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