Treasure New Territories (00299.HK) issued a profit warning, expecting the net loss for the mid-term to decrease compared to the previous year to not more than HKD 245 million.

The China Fortune Financial News app reported that Baixin Land (00299.HK) has announced that the group is expected to incur a net loss of no more than HK$245 million for the current period (six months ending June 30, 2025), while it incurred a net loss of approximately HK$1.57 billion for the six months ending June 30, 2024.