Core Viewpoint - The company expects to report a significant loss for the fiscal year 2025, contrasting with a profit recorded in the previous fiscal year 2024 [1] Financial Performance - The company anticipates a loss attributable to shareholders ranging from HKD 980 million to HKD 1.1 billion for the fiscal year 2025 [1] - For the fiscal year ending June 30, 2024, the company reported a profit of approximately HKD 172 million [1] Factors Influencing Financial Results - The decrease in gross profit is attributed to the absence of any sales transactions in Hong Kong properties [1] - Fair value losses on investment properties are expected to increase from approximately HKD 154 million in fiscal year 2024 to about HKD 915 million in fiscal year 2025 [1] - Administrative expenses are projected to rise significantly from approximately HKD 57 million in fiscal year 2024 to around HKD 290 million in fiscal year 2025, primarily due to provisions for development properties amounting to about HKD 166 million [1] - There will be no tax refunds in fiscal year 2025, leading to a reduction in income tax recognized [1]
卓能(集团)(00131.HK)盈警:预期2025财年净亏9.8亿港元至11亿港元