Cheuk Nang Reports Loss Amidst Hong Kong Property Market Recovery
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Cheuk Nang (Holdings) Limited reported a consolidated loss of HK$1,144,071,000 for the year ended 30 June 2025, a significant decline from last year's profit. The company has reduced its dividend payout by 32%. Despite the loss, Cheuk Nang is optimistic about the recovery in Hong Kong's property market and plans to market its properties for sale in early 2026. The current analyst rating for its stock (HK:0131) is a Hold with a price target of HK$1.50.
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