CHINNEY INV announced its annual results, with a loss attributable to shareholders of approximately HKD 564 million, an increase of about 7.46 times year-on-year
CHINNEY INV announced its annual results for the year ended March 31, 2025, with revenue of approximately HKD 1.027 billion, a year-on-year decrease of 6.84%; the loss attributable to shareholders was approximately HKD 564 million, a year-on-year increase of about 7.46 times, with a loss per share of HKD 1.02. The main reasons include the deferral of sales revenue recognition for the Guangzhou Beijing Road project and the delayed opening of the Bao Xuan Hotel (Central), leading to a decline in revenue and operating profit
According to the Zhitong Finance APP, CHINNEY INV (00216) announced its consolidated annual results for the year ending March 31, 2025, with revenue of approximately HKD 1.027 billion, a year-on-year decrease of 6.84%; the loss attributable to shareholders was approximately HKD 564 million, a year-on-year increase of about 7.46 times; the loss per share was HKD 1.02.
The announcement stated that the sales revenue from the Guangzhou Beijing Road project was deferred, and the delayed opening of the Baoxuan Hotel (Central) were the main reasons for the decline in revenue and operating profit
