CHUANG'S CHINA (00298) expects its interim loss attributable to shareholders to range from approximately HK$10 million to a profit of approximately HK$5 million.
CHUANG'S CHINA (00298) announced that the Group expects to record a reduced loss for the six months ended 30 September 2026, with a loss attributable to equity holders of the Company ranging from approximately HK$10 million to a profit of approximately HK$5 million, compared with a loss of approximately HK$62 million in the same period last year. Based on an analysis of the currently available unaudited financial information, the reduction in loss is mainly attributable to (i) an increase in revenue and profit recognized during the period from the sale of properties at The Arcane in Ap Lei Chau, Hong Kong, compared with the same period last year; and (ii) the absence of an impairment provision recognized in the same period last year in connection with the transfer of debt relating to the Chengdu project in the People's Republic of China.
CHUANG'S CHINA (00298) announced that the Group expects to record a reduced loss for the six months ended September 30, 2026, with loss attributable to equity holders of the Company ranging from approximately HK$10 million to a profit of approximately HK$5 million, compared with a loss of approximately HK$62 million in the same period last year. Based on an analysis of currently available unaudited financial information, the reduction in loss is mainly attributable to (i) an increase in revenue and profit recognized during the period from sales of properties at The Arcade in Ap Lei Chau, Hong Kong, compared with the same period last year; and (ii) the absence of an impairment provision recorded in the same period last year arising from the transfer of debts relating to the Chengdu project in the People's Republic of China.
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