Lippo Limited Announces Upcoming Board Meeting for Financial Results

TipRanksMar 18 18:40

LIPPO CHINA RES (00156.HK) will hold a Board of Directors meeting on March 28 to approve the annual performance.

On March 18, Glonghui announced that LIPPO CHINA RES (00156.HK) will hold a Board of Directors meeting on March 28, 2025, to approve the annual performance announcement of the company and its subsidiaries for the fiscal year ending December 31, 2024, and to consider the proposal for the final dividend distribution (if any).

Gelonghui FinanceMar 18 18:23

LIPPO Center sold on a lower floor for 20.78 million yuan, with a nearly 40% loss after just three years of holding.

According to comprehensive media reports, market news indicates that a unit on the 13th floor of LIPPO Centre Block 1 in Admiralty has been sold at a loss, with a building area of approximately 1,495 square feet, for 20.78 million yuan, resulting in a transaction price per square foot of about 13,900 yuan. It is understood that the original owner purchased the unit in 2022 for around 34.2 million yuan, holding it for three years, resulting in a paper loss of 13.42 million yuan, with a loss of 39% during this period.

AASTOCKSMar 13 08:57

Lippo Malls Indonesia Retail Trust Skips March 2025 Perpetual Securities Distribution Payment

MT NewswiresMar 13 06:58

LIPPO (00226.HK) and Hong Kong Chinese (00655.HK) may have recorded a share of the joint venture loss of at least 1.1 billion yuan last year.

HK CHINESE LTD (00655.HK) and LIPPO (00226.HK) announced that for the fiscal year 2024, a loss attributable to the main joint venture OUE is expected to be between 1.1 billion to 1.3 billion yuan, compared to a profit attributable to the main joint venture of approximately 0.17 billion yuan in 2023. The anticipated loss primarily arises from the losses of investment subjects recorded under the equity method, which are expected to range from 0.195 billion to 0.223 billion Singapore dollars.

AASTOCKSFeb 16 21:11

LIPPO (00226.HK) expects to record a share of losses from joint ventures of approximately 1.1 billion to 1.3 billion Hong Kong dollars in 2024.

On February 14, Gelonghui reported that LIPPO (00226.HK) announced it expects the group to record a loss of approximately 1.1 billion HKD to approximately 1.3 billion HKD for the year ending December 31, 2024, while for the year ending December 31, 2023 ("2023"), it recorded a profit of approximately 0.17 billion HKD. The loss is primarily due to a major associate company, OUE Limited ("OUE"), which is a subsidiary of Hongkong Chinese Limited (a former associated company of the company) that is listed on the Main Board of the Singapore Exchange.

Gelonghui FinanceFeb 14 22:27