Core Viewpoint - CNT GROUP (00701) anticipates a significant increase in shareholder losses for the six months ending June 2025, projecting losses between HKD 36 million and HKD 40 million, compared to HKD 13.5 million for the same period ending June 30, 2024 [1] Group 1 - The estimated shareholder losses for the six months ending June 2025 represent a substantial increase, primarily due to a significant rise in fair value losses on investment properties in Hong Kong and mainland China [1] - The fair value losses for the six months ending June 30, 2024, were approximately HKD 11.6 million [1] - There were no one-time recoveries of defense costs related to derivative litigation amounting to approximately HKD 6.4 million for the six months ending June 30, 2024 [1] Group 2 - The company’s non-wholly owned subsidiary, Zhongqi Group Limited (01932), also contributed to significant shareholder losses [1] - Despite the increase in fair value losses, these losses are non-cash in nature and do not impact the company's operating cash flow [1] - The overall financial position of the company remains stable [1]
CNT GROUP(00701)发盈警 预计中期股东应占亏损3600万至4000万港元