Sino Harbour Holdings Group Limited has issued a profit warning, indicating an expected decline in profit for the fiscal year ending 31 March 2025. Based on a preliminary review of the unaudited consolidated management accounts, the company anticipates a decrease of at least 50% compared to the profit of approximately RMB31.4 million recorded for the previous year. The decline is primarily attributed to reduced revenue from the sales of properties, specifically upon the delivery of residential units. The company's management has emphasized that the financial information provided is preliminary and unaudited, and final results may vary. Shareholders and potential investors are advised to exercise caution and to review the company's upcoming annual results announcement, which is anticipated to be published by the end of June 2025.
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