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CSI Properties Swings to Fiscal Year 2024 Loss
CSI Properties (HKG:0497) incurred an attributable loss of HK$425.6 million for the year ended March 31, as compared to an attributable profit of HK$335.7 million a year prior, a Thursday filing on th
CSI Properties (00497.HK) had a loss of HKD 456 million in the year due to capital strategy.
CSI Properties (00497.HK) announced on June 27 that for the year ending March 31, 2024, the group's revenue was HKD 1,579,100,000, an increase of HKD 774,800,000 from the previous year's HKD 804,300,000. The loss for the year was HKD 456,000,000, while the previous year recorded a profit of HKD 365,100,000. The loss attributable to owners of the company was mainly due to impairment losses on receivables from joint ventures recognized during the year, related to a joint venture project located in Gudongbei/Fenlingbei new development area.
Express News | CSI Properties FY Revenue HKD 1,579.1 Million
Express News | CSI Properties FY Net Income HKD -456 Million
CSI PROPERTIES: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 MARCH 2024
Market Chatter: BYD's Luxury EV Brand Denza to Open Hong Kong Showroom in Q3
Denza, a luxury electric vehicle joint venture between BYD (HKG:1211) and Mercedes-Benz, is preparing to open its flagship store in Hong Kong, The Standard reported Tuesday. According to landlord CSI
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