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Skyfame Realty (Holdings) Ltd ( (HK:0059) ) just unveiled an update.
Skyfame Realty (Holdings) Limited, which operates under provisional liquidators for restructuring purposes, announced difficulties in completing its annual audit for the year ending December 31, 2024. Due to liquidity pressures and financial challenges, the company has reduced its workforce by approximately 30% annually over the past two years and is struggling to maintain basic operations. This financial strain has resulted in an inability to secure necessary auditing services, delaying the publication of its annual results as required by the Hong Kong Stock Exchange listing rules. Stakeholders are advised to exercise caution in dealings with the company’s securities.
More about Skyfame Realty (Holdings) Ltd
YTD Price Performance: -16.67%
Average Trading Volume: 6,044,857
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$84.46M
For detailed information about 0059 stock, go to TipRanks’ Stock Analysis page.
