Crocodile Apparel (00122) Forecasts Up to HK$110 Million Comprehensive Loss for Fiscal Year 2025
Stock News
Mar 09
Crocodile Apparel (00122) has announced that the group expects to record a comprehensive loss attributable to company owners not exceeding HK$110 million for the full year ending December 31, 2025. This compares to a loss of HK$50 million during the seventeen-month period ended December 31, 2024. The projected increase in loss is primarily due to a higher fair value loss arising from the revaluation of the group's investment properties, which is non-cash in nature.
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