Core Viewpoint - The company, Road King Infrastructure (01098.HK), anticipates a significant loss for the six months ending June 30, 2025, primarily due to the ongoing downturn in the real estate market and challenging industry conditions [1] Financial Performance - The group expects a loss of approximately HKD 1.5 billion to HKD 1.7 billion for the period, while the loss attributable to shareholders is projected to be around HKD 1.9 billion to HKD 2.1 billion [1] - In comparison, for the six months ending June 30, 2024, the group reported a loss of HKD 394 million, with a loss attributable to shareholders of HKD 1.027 billion [1] Market Conditions - The anticipated losses are attributed to declining profit margins from real estate projects in mainland China and Hong Kong, alongside increased impairment provisions for properties and related assets [1] - The significant increase in losses compared to the previous year is partly due to the sale of the entire stake in the mainland China highway business, which generated a post-tax net gain of HKD 1.49 billion (approximately HKD 1.118 billion attributable to shareholders) in the first half of 2024, offsetting some operational losses from the previous year [1] - Excluding the net gain from the sale, the net loss for the first half of 2024 would be similar to the anticipated loss for the current period [1] Upcoming Events - The company plans to hold a board meeting on August 26 to approve the interim results [1]
路劲(01098.HK)盈警：预计中期公司拥有人应占亏损19亿至21亿港元