China Tangshang Holdings Ltd. Issues Profit Warning, Projects HK$70-75 Million Loss for Fiscal Year Ending March 2025

Reuters

2025/06/20

China Tangshang Holdings Ltd. Issues Profit Warning, Projects HK$70-75 Million Loss for Fiscal Year Ending March 2025

China Tangshang Holdings Ltd. has issued a profit warning, indicating that the company expects to record a loss of approximately HK$70.0 million to HK$75.0 million for the financial year ended 31 March 2025. This anticipated loss is an improvement compared to the loss of approximately HK$113.5 million recorded in the previous year. The company attributes the expected financial outcome to several factors, including a continued sluggish property development and sub-leasing investment market in the PRC, which has resulted in lower income and gross profit margins. Additionally, the Group has made provisions for impairment of certain assets and noted fair value changes in investment properties. The company's annual results for the year ended 31 March 2025 are still being finalized and are expected to be published by the end of June 2025. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Tangshang Holdings Ltd. published the original content used to generate this news brief on June 20, 2025, and is solely responsible for the information contained therein.

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Issues Profit Warning, Projects HK$70-75 Million Loss for Fiscal Year Ending March 2025","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      China Tangshang Holdings Ltd. Issues Profit Warning, Projects HK$70-75 Million Loss for Fiscal Year Ending March 2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        China Tangshang Holdings Ltd. has issued a profit warning, indicating that the company expects to record a loss of approximately HK$70.0 million to HK$75.0 million for the financial year ended 31 March 2025. This anticipated loss is an improvement compared to the loss of approximately HK$113.5 million recorded in the previous year. 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Issues Profit Warning, Projects HK$70-75 Million Loss for Fiscal Year Ending March 2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-20 18:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      China Tangshang Holdings Ltd. Issues Profit Warning, Projects HK$70-75 Million Loss for Fiscal Year Ending March 2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        China Tangshang Holdings Ltd. has issued a profit warning, indicating that the company expects to record a loss of approximately HK$70.0 million to HK$75.0 million for the financial year ended 31 March 2025. This anticipated loss is an improvement compared to the loss of approximately HK$113.5 million recorded in the previous year. The company attributes the expected financial outcome to several factors, including a continued sluggish property development and sub-leasing investment market in the PRC, which has resulted in lower income and gross profit margins. Additionally, the Group has made provisions for impairment of certain assets and noted fair value changes in investment properties. The company's annual results for the year ended 31 March 2025 are still being finalized and are expected to be published by the end of June 2025. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Tangshang Holdings Ltd. published the original content used to generate this news brief on June 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1158","symbol_name":"综合支持服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250620:nNDL41Bvxs:1","article_id":"2544129416","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544129416","pubTimestamp":1750417099,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"China Tangshang Holdings Ltd. has issued a profit warning, indicating that the company expects to record a loss of approximately HK$70.0 million to HK$75.0 million for the financial year ended 31 March 2025. This anticipated loss is an improvement compared to the loss of approximately HK$113.5 million recorded in the previous year. The company attributes the expected financial outcome to several factors, including a continued sluggish property development and sub-leasing investment market in the PRC, which has resulted in lower income and gross profit margins. Additionally, the Group has made provisions for impairment of certain assets and noted fair value changes in investment properties. The company's annual results for the year ended 31 March 2025 are still being finalized and are expected to be published by the end of June 2025. 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The company attributes the expected financial outcome to several factors, including a continued sluggish property development and sub-leasing investment market in the PRC, which has resulted in lower income and gross profit margins. Additionally, the Group has made provisions for impairment of certain assets and noted fair value changes in investment properties. The company's annual results for the year ended 31 March 2025 are still being finalized and are expected to be published by the end of June 2025. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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