宝新置地(00299)发盈警 预期中期取得净亏损同比收窄至不多于2.45亿港元

Core Viewpoint - The company, Baoxin Land (00299), anticipates a net loss of no more than HKD 245 million for the six months ending June 30, 2025, compared to a net loss of approximately HKD 1.57 billion for the same period ending June 30, 2024 [1] Group 1 - The expected net loss is primarily due to the prolonged downturn in the Chinese real estate market, leading to a significant decline in revenue [1] - The fair value of investment properties has decreased, contributing to the anticipated losses [1] - There are impairment losses related to prepayments and other deposits for a land redevelopment project during this period [1]