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Poly Property Group Co ( (HK:0119) ) just unveiled an announcement.
Poly Property Group Co., Limited has issued a profit warning, indicating an expected 40%-50% drop in profit attributable to owners for the first half of 2025. This decline is attributed to high land appreciation tax, increased selling expenses due to market competition, and a reduced proportion of profit attributable to owners. The financial results are still being finalized and may differ from preliminary assessments, urging caution for shareholders and investors.
More about Poly Property Group Co
Poly Property Group Co., Limited is a company incorporated in Hong Kong with limited liability, focusing on property development and management.
Average Trading Volume: 7,289,089
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.92B
See more data about 0119 stock on TipRanks’ Stock Analysis page.