Picture of Shimao group logo

813 — Shimao group News Story

0.000.00%
hk flag iconLast trade - 00:00
FinancialsHighly SpeculativeSmall CapValue Trap

Brief: Shimao Group Posts FY Revenue RMB 28,418 Million

March 27 (Reuters) - Shimao Group Holdings Ltd 0813.HK:

FY REVENUE RMB 28,418 MILLION

AS AT 31 DEC TOTAL AMOUNT OF BORROWINGS WAS APPROXIMATELY RMB182.266 BILLION

WILL BE ABLE TO MEET FINANCIAL OBLIGATIONS AS AND WHEN THEY FALL DUE WITHIN 12 MONTHS FROM 31 DECEMBER 2025

PROFIT FOR YEAR WAS APPROXIMATELY RMB4.477 BLN

WILL ACTIVELY SEEK OTHER ALTERNATIVE FINANCING AND BORROWINGS TO FINANCE SETTLEMENT OF ITS EXISTING FINANCIAL OBLIGATIONS

UNCERTAINTY AS TO STABILISATION AND RECOVERY OF GROUP'S SALES AND CONTINUED SUPPORT FROM LENDERS AND CREDITORS

Further company coverage: 0813.HK

 ((Reuters.Briefs@thomsonreuters.com;))

Recent news on Shimao group

See all news