Core Viewpoint - Lishin International (00191.HK) reported a net loss attributable to shareholders of HKD 1.676 billion for the fiscal year ending July 31, 2025, which represents a narrowing of losses compared to the previous year due to several factors including reduced impairment losses and financing costs [1] Financial Performance - The company experienced a decrease in net loss primarily due to: - Reduced impairment losses on properties, plants, equipment, and right-of-use assets [1] - Decreased depreciation on properties, plants, and equipment due to prior year impairment losses [1] - Reduced fair value losses on investment properties [1] - Decreased financing costs [1] - However, this reduction in loss was offset by decreased contributions from Lihong Group's property sales and increased losses from joint ventures [1] Rental Income and Occupancy - The investment property portfolio remained robust, generating rental income of HKD 1.3 billion, despite a challenging operating environment [1] - The occupancy rate in Hong Kong and mainland China remained high, although it decreased by 4.6% compared to the previous fiscal year [1] Property Sales - Confirmed property sales amounted to HKD 885 million, a decline of 42.1% from the previous fiscal year [1] - The decrease in property sales was attributed to the near-completion of Lihong Group's property projects, although this was partially offset by increased sales from properties in Hong Kong, specifically in Yuen Long [1]
丽新国际(00191.HK)年度拥有人应占净亏16.76亿港元 同比有所收窄