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<Warning>ROAD KING INFRA Expects 1H25 Net Loss to Widen to $1.9-2.1B
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ROAD KING INFRA (01098.HK) is expected to record a net loss ranging from approx. $1.9 billion to $2.1 billion for the six months ended 30 June 2025, compared to approx. $1.027 billion in the same period of 2024, as announced by ROAD KING INFRA. The net loss was primarily attributable to the continuous sluggish property market and severe operating environment in the industry, which resulted in the deterioration in profit margin of the property projects in Mainland China and Hong Kong and the increase in impairment provision for properties and related assets, the company said. AAStocks Financial News Website: www.aastocks.com |
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