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Shun Ho Property Investments Ltd Reports 51% Increase in Net Profit Amidst Overall Loss

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Shun Ho Property Investments Ltd ( (HK:0219) ) has issued an update.

Shun Ho Property Investments Ltd reported a significant increase in net profit after tax attributable to owners, before revaluation and depreciation, reaching HK$146 million for 2024, a 51% rise from the previous year. Despite this profit increase, the company experienced a substantial loss after taxation and non-controlling interests, amounting to HK$289.9 million, and decided not to recommend a final dividend for the year, reflecting challenges in its financial performance and market conditions.

More about Shun Ho Property Investments Ltd

Shun Ho Property Investments Ltd is a company incorporated in Hong Kong, primarily involved in property investments. The company focuses on managing and investing in properties, with a market presence in Hong Kong.

YTD Price Performance: -8.70%

Average Trading Volume: 46,234

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$317.2M

Learn more about 0219 stock on TipRanks’ Stock Analysis page.

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