Kerry Properties Limited (00064.HK) issues profit warning, expecting annual profit to decrease by about 30% compared to the previous year.

The Zhongtong Financial APP reports that Empire Group (00064.HK) announced that it expects its surplus for the year ending March 31, 2026 to decrease by approximately 30% compared to the same period in 2025, with a reduction of about HK$76 million. The decrease is mainly due to (i) a decrease in the fair value of the group's investment properties based on the latest property valuation results, and (ii) an increase in realized losses from the sale/redemption of financial assets.