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Glorious Property Holdings Provides Quarterly Update Amid Trading Suspension

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Glorious Property Holdings Provides Quarterly Update Amid Trading Suspension

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An update from Glorious Property Holdings Limited ( (HK:0845) ) is now available.

Glorious Property Holdings Limited announced a quarterly update on its resumption guidance and continued suspension of trading. The company is in the process of completing its 2024 audit, with plans to publish its annual results by November 2025, contingent on securing necessary funds. Despite the trading suspension since April 2025, the company’s operations have continued as usual, with significant property sales and deliveries. The company is actively negotiating with lenders to address liquidity pressures and improve its debt structure.

More about Glorious Property Holdings Limited

Glorious Property Holdings Limited is primarily engaged in the development and sale of high-quality properties in key economic cities in the People’s Republic of China. The company’s property sales are mainly derived from its projects located in the Shanghai Region, Yangtze River Delta Region, the Pan Bohai Rim, and Northeast China.

YTD Price Performance: -9.09%

Technical Sentiment Signal: Sell

Current Market Cap: HK$77.93M

See more data about 0845 stock on TipRanks’ Stock Analysis page.

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