Express News | Corrected-Hanison Construction Holdings H1 Net Income HKD -193.1 Million (Corrects Amount)

ReutersNov 12 06:05 ET

HANISON: Announcement of Interim Results for the Six Months Ended 30 September 2024

HKEXNov 12 06:03 ET · Announcements

Hanison Construction Expects Increased Loss Amid Property Market Challenges

TipRanksNov 5 05:13 ET

hanison (00896.HK) is expected to record a net loss between 0.19 billion HKD and -0.2 billion HKD in the medium term.

Glory Times reported on November 5th that hanison (00896.HK) announced that the group is expected to incur a net loss between HK$0.19 billion and HK$0.2 billion for the six months ending September 30, 2024, compared to a net loss of HK$0.108 billion for the six months ending September 30, 2023. The expected net loss is mainly due to high interest rates and a downturn in the property market, resulting in an estimated net loss of approximately HK$0.1899 billion for the properties held by the group and joint ventures, along with interest expenses of about HK$26.2 million. The net loss in the fair value of properties held by the group and joint ventures is determined by the fair value changes of the investment properties.

Gelonghui FinanceNov 5 04:51 ET

Express News | Hanison Construction Sees Net Loss of Between HK$190.0 Mln and HK$200.0 Mln for Six Months

ReutersNov 5 04:48 ET

HANISON: Announcement - Profit Warning

HKEXNov 5 04:47 ET · Announcements