股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 致：香港交易及結算所有限公司 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01243 | 說明 | WANG ON PPT | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | | 法定/註冊股本 | | | 上月底結存 | | | 50,000,000,000 | HKD | | 0.001 | HKD | | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | | 本月底結存 | | | 50,000,000,000 | HKD | | 0.001 | HKD | | | 50,000,000 | 本月底法定/註冊股本總額： HKD 50,000,000 FF301 ...

Core Viewpoint - Macro Properties (01243) reported an increase in revenue but also faced significant losses for the six months ending September 30, 2025, indicating challenges despite revenue growth [1] Financial Performance - The company achieved revenue of HKD 608 million, representing a year-on-year increase of 37.55% [1] - The loss attributable to equity holders of the parent amounted to HKD 384 million, compared to a profit of HKD 96.9 million in the same period last year [1] - Basic loss per share was HKD 0.0253 [1] Revenue Drivers - The increase in revenue was primarily due to higher sales and successful delivery of completed residential projects during the reporting period [1] Loss Factors - The loss attributable to equity holders was mainly due to losses from the sale of partial interests in joint ventures, write-downs of properties held for sale, and a decrease in share of profits from joint ventures [1]

Core Viewpoint - Macro Properties (01243) reported a revenue of HKD 608 million for the six months ending September 30, 2025, representing a year-on-year increase of 37.55%. However, the company recorded a loss attributable to equity holders of HKD 384 million, compared to a profit of HKD 96.9 million in the same period last year, resulting in a basic loss per share of HKD 0.0253 [1] Revenue Performance - The increase in revenue is primarily attributed to higher sales and successful delivery of completed residential projects during the reporting period [1] Loss Attribution - The loss attributable to equity holders is mainly due to losses from the sale of partial interests in joint ventures, write-downs of properties held for sale, and a decrease in profits from joint ventures [1]

Core Viewpoint - Hongan Real Estate (01243.HK) reported a significant increase in revenue for the six months ending September 30, 2025, with a revenue of approximately HKD 608 million, representing a 37.5% increase compared to HKD 442 million for the same period in 2024 [1] Financial Performance - The company recorded a loss attributable to equity holders of approximately HKD 384 million during the reporting period, compared to a profit of approximately HKD 96.9 million for the six months ending September 30, 2024 [1] - The loss was primarily due to losses from the sale of partial interests in joint ventures, write-downs of properties held for sale, and a decrease in profits from joint ventures [1] Future Outlook - The company plans to continue selling unsold residential units and commercial properties, employing flexible strategies to seize market opportunities while maintaining prudent financial discipline [1] - With a focus on diversifying asset classes and executing projects efficiently, the company is well-positioned for sustained growth as market conditions gradually improve, aiming to create long-term value for stakeholders [1]

Financial Performance - Contracted sales (including joint ventures) increased by 31% to HKD 1,637 million compared to HKD 1,247 million in the previous year[2] - Revenue rose by 38% to HKD 608 million from HKD 442 million year-on-year[2] - The company reported a gross loss of HKD 17 million, a significant decline from a gross profit of HKD 93 million in the previous period, representing a 118% decrease[2] - Loss attributable to equity holders of the parent was HKD 384 million, a 496% increase from a profit of HKD 97 million in the prior year[2] - Basic and diluted loss per share was HKD 2.53, compared to earnings of HKD 0.64 per share in the previous year, marking a 495% decline[2] - The company recorded a net loss of HKD 465 million for the period, compared to a profit of HKD 95 million in the previous year[5] - The group reported a loss before tax of HKD 465,488,000, compared to a profit of HKD 94,884,000 in the prior year[11] - The company recorded a gross loss of approximately HKD 16,600,000 for the reporting period, compared to a gross profit of HKD 92,700,000 in the same period of 2024, due to lower average selling prices[31] - The company recorded a loss attributable to equity holders of approximately HKD 384.2 million, compared to a profit of HKD 96.9 million for the six months ended September 30, 2024, primarily due to losses from the sale of joint venture interests and property write-downs[39] Assets and Liabilities - Net asset value decreased by 14% to HKD 2,956 million from HKD 3,423 million[2] - The company's total non-current assets decreased to HKD 3,747 million from HKD 3,991 million[6] - Current assets dropped to HKD 2,796 million from HKD 3,279 million, reflecting a significant reduction in liquid assets[6] - Total liabilities decreased from HKD 3,847 million to HKD 3,588 million, indicating a reduction in financial obligations[7] - As of September 30, 2025, the group's total assets minus current liabilities amount to approximately HKD 5,632,100,000, with a current ratio of about 3.1[58] - The group's total bank borrowings as of September 30, 2025, are approximately HKD 2,707,300,000, with a debt ratio of about 76.2%[59] - The group has a capital commitment of approximately HKD 1,333,800,000 as of September 30, 2025, reflecting a slight increase from HKD 1,308,400,000 as of March 31, 2025[60] Revenue Sources - For the six months ended September 30, 2025, total revenue was HKD 607,514,000, a 37.5% increase from HKD 441,667,000 in the same period of 2024[12] - Property development revenue reached HKD 590,888,000, up 38.1% from HKD 427,856,000 year-on-year[11] - Revenue from property sales increased by approximately 38.1% to about HKD 590,888,000, driven by the sale and delivery of residential projects[28] - Revenue from asset management services rose by approximately 23.1% to about HKD 15,993,000, attributed to increased construction activities in joint ventures[29] - Other income and gains decreased to HKD 13,998,000 from HKD 24,333,000 year-on-year[12] - Interest income from bank deposits fell to HKD 1,243,000 from HKD 3,997,000 year-on-year[12] Sales and Projects - The total contracted sales for residential projects amounted to approximately HKD 1,637.2 million, representing an increase of about 31.3% compared to HKD 1,247.0 million for the same period last year[40] - The total area of contracted sales was approximately 58,320 square feet, reflecting a year-on-year growth of about 29.0% from 45,201 square feet[40] - The project FINNIE has achieved total contracted sales of approximately HKD 598.1 million, with 86 out of 90 residential units sold, representing about 95.6% of total units[41] - The project MOUNT POKFULAM has achieved total contracted sales of approximately HKD 912.7 million, with 4 out of 7 residential units sold, representing about 57.1% of total units[43] - The project PHOENEXT has achieved total contracted sales of approximately HKD 1,124.5 million, with all residential units sold, including sales of approximately HKD 305.9 million during the reporting period[44] - The project COASTO has achieved total contracted sales of approximately HKD 534.9 million, with 91 out of 93 residential units sold, representing about 97.8% of total units[45] - The project 101 KINGS ROAD has achieved total contracted sales of approximately HKD 1,760.1 million, with 188 out of 251 residential units sold, representing about 74.9% of total units[46] Corporate Governance - The company has complied with the Corporate Governance Code except for the absence of a chairman since February 8, 2021, and is actively seeking a suitable candidate[76] - Following the resignation of Mr. Li Yongsen, the board will consist of five directors, including three executive directors and two independent non-executive directors, effective from August 19, 2025[77] - The audit committee currently has two members, both of whom are independent non-executive directors, which does not meet the minimum requirement until November 14, 2025, when a new independent non-executive director is appointed[77] - The company emphasizes high standards of corporate governance, focusing on transparency, accountability, integrity, and independence to enhance competitiveness and operational efficiency[77] - The audit committee has reviewed the unaudited condensed consolidated financial statements for the six months ended September 30, 2025[79] - The mid-term financial results announcement will be published on the Hong Kong Stock Exchange and the company's website, containing all information required by the listing rules[80] - The company has adopted a code of conduct for directors' securities transactions, which is in line with the standards set out in the Listing Rules[78] - The board of directors includes executive directors Mr. Deng Haokang, Ms. Cheng Deyun, and Mr. Yao Zhiwen, along with independent non-executive directors Mr. Song Zihua, Dr. Chen Haohua, and Ms. He Yaling[81] Sustainability and Future Plans - The group has established approximately HKD 3,800,000,000 in sustainability performance-linked loans and approximately HKD 1,600,000,000 in green loans, reflecting its commitment to sustainable development[71] - The group aims to expand its business in the student accommodation sector based on the successful foundation of the "日新舍" brand, leveraging its asset management expertise[55] - The group is actively seeking investment opportunities for asset upgrades and tenant mix optimization to enhance rental income stability amid a recovering commercial property market[69] - The group plans to continue selling unsold residential units and commercial spaces while maintaining prudent financial discipline to capitalize on market opportunities[70] - The group anticipates further expansion of its property management business due to an increase in residential project deliveries[56] - The group has established a framework agreement with AG for further joint ventures, with total investment commitments of USD 100,000,000 and USD 18,000,000 respectively[55] Employment and Operations - The group has 167 employees in Hong Kong as of September 30, 2025, an increase from 141 employees as of March 31, 2025[66] - The group manages nine projects as of the announcement date, with the addition of a new project, The Parkside, which is expected to enhance operational efficiency and tenant experience[56] - The overall occupancy rate of the group's investment properties exceeds 98%, excluding the recently acquired hotel, which is expected to be converted into student accommodation providing 226 beds by mid-2026[52] - The group has established a joint venture with AG to acquire and operate a property in Kowloon, which will offer a total of 720 rooms and 1,424 beds, achieving full occupancy status starting from the second academic year in September 2025, with rental income increasing by approximately 11.0% compared to the first academic year[54]

Core Viewpoint - The company anticipates a significant loss for the six months ending September 30, 2025, primarily due to strategic asset sales aimed at enhancing liquidity and positioning for future growth opportunities [1][2] Group 1: Financial Performance - The company expects a consolidated loss attributable to shareholders of no more than 390 million HKD for the six months ending September 30, 2025, compared to a profit of approximately 96.9 million HKD for the same period in 2024 [1] - The gross profit is projected to decline from 92.7 million HKD for the six months ending September 30, 2024, to a gross loss of approximately 16.6 million HKD in the current period, reflecting a decrease in property sales profitability [1] - The share of profits from joint ventures is expected to decrease from 249 million HKD for the six months ending September 30, 2024, to about 63.6 million HKD in the current period, primarily due to the ongoing downturn in the commercial real estate market [1] Group 2: Strategic Decisions - The strategic decision to sell a 20% stake in a hotel project resulted in a loss of approximately 208 million HKD, aimed at reallocating resources to seize future investment opportunities and expand into high-potential projects [1] - The company has successfully converted the sold property into student accommodation, achieving high occupancy rates and stable operational performance, which supports the rationale behind the sale [1] - The asset sales, despite resulting in accounting losses, have provided immediate cash inflow and significantly reduced net debt by approximately 1.202 billion HKD, a decrease of about 30.1% [2] Group 3: Sales and Future Outlook - The company achieved a record high in contracted sales totaling approximately 1.637 billion HKD, a substantial increase of about 31.3% compared to 1.247 billion HKD in the same period of 2024 [2] - As of September 30, 2025, the company has approximately 2.674 billion HKD in contracted but unrecognized sales, which is expected to be recognized as revenue upon completion and delivery of the related property projects [2]

Core Viewpoint - The company anticipates a significant loss of up to 390 million HKD for the six months ending September 30, 2025, following a profit of approximately 96.9 million HKD for the same period in 2024, primarily due to strategic asset sales and declining property sales profitability [1][2]. Group 1: Financial Performance - The expected loss is attributed to a 208 million HKD loss from the sale of a 20% stake in a hotel project, a decline in gross profit from 92.7 million HKD to a gross loss of approximately 16.6 million HKD, and a decrease in profit from joint ventures from 249 million HKD to about 63.6 million HKD due to a sluggish commercial real estate market [1][2]. - The company recorded a historical high in contracted sales totaling approximately 1.637 billion HKD, a substantial increase of about 31.3% compared to 1.247 billion HKD in the same period of 2024 [2]. Group 2: Strategic Decisions - The sale of assets, including properties and joint venture interests, is a strategic decision aimed at enhancing liquidity and ensuring sustainable growth in a challenging market environment, despite resulting in accounting losses [2]. - The company reduced its net debt by approximately 1.202 billion HKD, a decrease of about 30.1%, due to asset sales, which is crucial for maintaining financial flexibility and capital structure [2].

Core Viewpoint - Hong An Real Estate (01243.HK) anticipates a consolidated loss attributable to shareholders of no more than HKD 390 million for the six months ending September 30, 2025, following a preliminary assessment of its unaudited consolidated management accounts [1] Financial Performance - The company expects to report a profit of approximately HKD 96.9 million for the six months ending September 30, 2024 [1] - The anticipated loss is primarily attributed to a loss of approximately HKD 207.7 million from the sale of a 20% stake in a hotel project [1] - Gross profit is projected to decline from HKD 92.7 million for the six months ending September 30, 2024, to a gross loss of approximately HKD 16.6 million for the current period [1] - The share of profits from joint ventures is expected to decrease from HKD 250 million for the six months ending September 30, 2024, to approximately HKD 63.6 million for the current period, mainly due to the ongoing downturn in the commercial real estate market [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責， 對其準確性或完整性亦不發表聲明，並明確表示，概不就因本公佈全部或任何部分 內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 （於百慕達註冊成立之有限公司） （股份代號：1243） WANG ON PROPERTIES LIMITED 宏安地產有限公司 盈利警告 本公佈乃由Wang On Properties Limited宏安地產有限公司（「本公司」，連同其附屬公 司統稱「本集團」）根據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09 條及香港法例第571章證券及期貨條例第XIVA部項下內幕消息條文（定義見上市規 則）而作出。 儘 管 錄 得 中 期 虧 損，本 集 團 於 本 期 間 創 下 歷 史 新 高 的 訂 約 銷 售 總 額，達 到 約 1,637,000,000港元，較二零二四年同期的1,247,000,000港元大幅增加約31.3%。截至 二零二五年九月三十日，已訂約但未確認之銷售額約為2,674,200,000港元，預期將 於相關物業項目完成及交付後在各附屬公司及合營企業的損益賬內確認為收入。 本 ...

Core Points - Macro Properties (01243) announced the appointment of Ms. He Yaling as an independent non-executive director, effective from November 14, 2025 [1] - Following Ms. He's appointment, the board announced changes in the composition of the audit committee, nomination committee, and remuneration committee [1] - Ms. He has been appointed as a member of the audit committee, remuneration committee, and nomination committee [1] - Dr. Chen Haohua, currently an independent non-executive director and chairman of the remuneration committee, has been reassigned as the chairman of the audit committee [1]