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CHINNEY INV: Interim Report 2024/25
Chinney Investments Logs Wider Attributable Loss for Six Months to September
CHINNEY INV: 2024-25 INTERIM RESULTS ANNOUNCEMENT
Chinney inv (00216.HK) will hold a board of directors meeting on November 27 to approve the interim performance.
Gelonghui, November 15th | Chinney Inv (00216.HK) announced that the board of directors meeting will be held on November 27, 2024 (Wednesday) to consider and approve the interim performance of the company and its subsidiaries as of September 30, 2024, which includes reviewing the distribution of interim dividends (if any).
Chinney Inv (00216.HK) expects a midterm loss of not more than 75 million Hong Kong dollars.
Chinney Inv (00216.HK) announced on November 11th that the group expects to record a net loss attributable to owners of not more than HK$75,000,000 for the six months ended September 30, 2024, compared to a net loss attributable to owners of approximately HK$2,000,000 recorded for the same period in 2023. The board of directors believes that the expected loss is mainly due to: (1) delays in confirming property sales from pre-sale units of residential projects located on Nanjing Road, Beijing, due to project completion delays, resulting in a significant reduction in the group's income. Nonetheless, the company has already as of 20
Express News | Chinney Investments - Expected Result Due to Considerable Decrease in Group's Revenue in Hy, Others
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