ASIASEC PPT (00271) issues a profit warning, expecting a net loss of approximately HKD 110 million to HKD 120 million for the interim period.
Yazheng Real Estate (00271) announced that the Group expects to record a net loss of approximately HKD 110 million to HKD 120 million for the six months ending June 30, 2026, compared to a net loss of about HKD 63 million for the six months ending June 30, 2025. The main reason for the decline in the Group's financial performance is that during the reporting period, the fair value of the Group's investment properties decreased significantly compared to the same period last year.
ASIASEC PPT (00271) announces that the Group expects to record a net loss ranging from approximately HKD 110 million to HKD 120 million for the six months ending June 30, 2026, compared to a net loss of about HKD 63 million for the six months ended June 30, 2025. The primary reason for the decline in the Groups financial performance is the decrease in the fair value of the Group's investment properties, which is significantly higher than the same period last year.
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