Core Viewpoint - The company, Jin Yue Holdings (00070), anticipates a loss of no more than HKD 105 million for the fiscal year ending June 30, 2025, which represents an increase in loss of approximately HKD 56 million compared to the estimated loss of around HKD 49 million for the fiscal year ending June 30, 2024 [1] Financial Summary - The projected loss for the fiscal year 2025 is primarily attributed to: - An increase in impairment losses on properties (classified as property, plant, and equipment) by approximately HKD 45 million compared to fiscal year 2024 [1] - An increase in fair value losses on investment properties by about HKD 10 million compared to fiscal year 2024 [1] - An increase in impairment provisions and write-offs for receivables and interest by approximately HKD 3 million compared to fiscal year 2024 [1] - These losses are partially offset by a gain of approximately HKD 2 million recognized from the sale of a subsidiary in fiscal year 2025 [1] - All mentioned impairment losses, fair value losses, provisions, and gains from sales are non-cash accounting items in accordance with Hong Kong Financial Reporting Standards, thus having no impact on the company's operating cash flow [1]
金粤控股(00070)发盈警 预期年度取得亏损同比扩大至不多于1.05亿港元