SEA HOLDINGS (00251) is expected to significantly reduce its annual losses.

10/03/2025

GMT Eight

SEA HOLDINGS (00251) announced that the expected loss for the year ending December 31, 2024 is approximately HK$140 million, a significant decrease from the loss of HK$854 million for the year ending December 31, 2023. The significant decrease in expected loss for the year ending December 31, 2024 is mainly due to a significant decrease in fair value loss on investment properties in the UK; and no impairment loss on listed debt securities.

Zhejiang Wanfeng Chemical (603172.SH) specific shareholder Ningbo Yixian has completed the reduction of 2% of its shares.

The first tranche of corporate bonds issued by SIICENVIRONMENT (00807) will pay interest on March 17th.

Contact: contact@gmteight.com

SEA HOLDINGS (00251) is expected to significantly reduce its annual losses.

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