SH IND URBAN issued a profit warning, expecting a loss attributable to shareholders of approximately HKD 470 million to HKD 530 million for the first half of the year
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SH IND URBAN expects that in the first half of 2025, the loss attributable to the company's owners will be approximately HKD 470 million to HKD 530 million, an increase from the loss of approximately HKD 232 million in the same period of 2024. The reasons for the loss include a decrease in property sales revenue of about 45% and a decrease in gross profit of about 50% to 60%
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