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四海國際:2023年報
COSMOPOL INT'L (00120) Announces 2023 Annual Results Shareholders' Losses of HK$372 Million YoY Profit to Loss
According to the Zhitong Finance App, COSMOPOL INT'L (00120) announced its 2023 annual results. The group achieved revenue of HK$77.3 million during the period, a year-on-year decrease of 92.4%; shareholders of the parent company should have accounted for a loss of HK$372 million; in the same period last year, shareholders of the parent company should have accounted for a profit of HK$4 million; a basic loss of HK32.35 cents per share. The announcement said that due to weak property market conditions in mainland China, the profit contribution of property sales revenue from the Group's two comprehensive development projects in Chengdu and Tianjin during the year under review was relatively small compared to last year. Also, considering the overall property
COSMOPOL INT'L: ANNOUNCEMENT OF 2023 GROUP FINAL RESULTS
Cosmopolitan International to Swing to Loss in 2023
Cosmopolitan International Holdings (HKG:0120) expects a net loss of HK$372 million for the year 2023, as compared to a net profit of HK$4 million in 2022, the property developer said in a Thursday fi
Changes in Hong Kong stocks | Sihai International (00120) once fell more than 11% and is expected to lose about HK$372 million last year from profit to loss year on year
Four Seas International (00120) once fell by more than 11%. As of press release, it was down 8.85% to HK$1.03, with a turnover of HK$4.1034 million.
COSMOPOL INT'L (00120) issued a profit warning. Annual shareholders' losses are estimated to be approximately HK$372 million
According to the Zhitong Finance App, COSMOPOL INT'L (00120) announced that the Group is expected to make a net loss for the year ended December 31, 2023 and achieve a net profit of HK$4 million in 2022. Due to weak real estate market conditions in mainland China, the profit contribution of property sales from the Group's two comprehensive development projects in Chengdu and Tianjin during the year under review was relatively small compared to last year. Furthermore, considering the continued decline in overall property prices, the Group has accrued impairment losses for some of the properties for sale and some of the properties under development within these two development projects. The total amount is approximately
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