Core Viewpoint - Yuehai Property (00124) expects to achieve an unaudited profit attributable to shareholders of not less than HKD 260 million for the six months ending June 30, 2025, compared to a loss of approximately HKD 217 million for the same period in 2024 [1] Summary by Relevant Sections - Expected Performance: The company anticipates a significant turnaround in performance, moving from a loss in 2024 to a profit in 2025 [1] - Key Projects: The expected performance is primarily driven by the delivery of properties, notably the Guangzhou Yuehai Yun Port City project, Huizhou Yuehai Yigui Mansion project, and Shenzhen Yuehai City (North Plot) project, with the Guangzhou project having a higher gross profit margin [1] - Market Impact: The latest real estate market conditions have led to impairment indications for some of the company's property projects, resulting in inventory impairment provisions during the review period [1] - Investment Property Valuation: The company recorded a fair value loss on investment properties during the review period, contrasting with a fair value gain in the same period of 2024 [1]
粤海置地发盈喜，预期中期归属于公司持有者溢利不少于2.60亿港元 同比扭亏为盈