Sandmartin International Holdings Ltd. Issues Profit Warning, Expects Reduced Losses for 2024

Reuters

09/10

Sandmartin International Holdings Ltd. Issues Profit Warning, Expects Reduced Losses for 2024

Sandmartin International Holdings Ltd. has issued a profit warning, indicating a consolidated net loss of not less than HK$55 million for the year ending December 31, 2024. This marks an improvement from the previous year's net loss of approximately HK$136.63 million. The reduction in losses is primarily attributed to an increase in the fair value of the Group's investment properties. Trading of the company's shares on the Hong Kong Stock Exchange has been suspended since April 1, 2025. The company is working to meet the resumption guidance provided by the Stock Exchange and will update shareholders and investors on its progress.

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. Sandmartin International Holdings Ltd. published the original content used to generate this news brief on September 10, 2025, and is solely responsible for the information contained therein.

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Issues Profit Warning, Expects Reduced Losses for 2024","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      Sandmartin International Holdings Ltd. Issues Profit Warning, Expects Reduced Losses for 2024\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        Sandmartin International Holdings Ltd. has issued a profit warning, indicating a consolidated net loss of not less than HK$55 million for the year ending December 31, 2024. This marks an improvement from the previous year's net loss of approximately HK$136.63 million. The reduction in losses is primarily attributed to an increase in the fair value of the Group's investment properties. Trading of the company's shares on the Hong Kong Stock Exchange has been suspended since April 1, 2025. 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Issues Profit Warning, Expects Reduced Losses for 2024\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\">2025-09-10 21:53</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      Sandmartin International Holdings Ltd. Issues Profit Warning, Expects Reduced Losses for 2024\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        Sandmartin International Holdings Ltd. has issued a profit warning, indicating a consolidated net loss of not less than HK$55 million for the year ending December 31, 2024. This marks an improvement from the previous year's net loss of approximately HK$136.63 million. The reduction in losses is primarily attributed to an increase in the fair value of the Group's investment properties. Trading of the company's shares on the Hong Kong Stock Exchange has been suspended since April 1, 2025. 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Sandmartin International Holdings Ltd. published the original content used to generate this news brief on September 10, 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":"00482","symbol_name":"圣马丁国际","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250910:nNDL587PNr:1","article_id":"2566526602","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2566526602","pubTimestamp":1757512382,"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":"Sandmartin International Holdings Ltd. has issued a profit warning, indicating a consolidated net loss of not less than HK$55 million for the year ending December 31, 2024. 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