Shanghai Industrial Urban Development Swings to Deeper Loss as Revenue Plunges in 2025
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Shanghai Industrial Urban Development Group Ltd reported a significant loss for the year ended December 31, 2025, with revenue plummeting 70.5% to HK$3.67 billion. The loss attributable to shareholders nearly tripled to HK$962 million, driven by reduced sales, fair value losses on investment properties, and increased expenses. The group's net asset value per share decreased to HK$2.65, and net debt to total equity rose to 77.8%. Analysts rate the stock as a Hold with a price target of HK$0.50, reflecting ongoing challenges in the mainland property market.
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