Core Viewpoint - The company reported a significant decline in revenue and an increase in net loss for the six months ending September 30, 2025, primarily due to property revaluation losses and the sale of a hotel [1] Financial Performance - Revenue for the period was HKD 771 million, representing a year-on-year decrease of 21.7% [1] - The net loss amounted to HKD 275 million, which is a 42.2% increase compared to the previous year [1] - Basic loss per share was HKD 0.256 [1] Loss Drivers - The net loss was largely attributed to a loss of approximately HKD 182.1 million from the sale of The Connaught, a hotel held by a joint venture [1] - High interest rates and a downturn in the property market led to a revaluation net loss of approximately HKD 84.6 million for properties held by the group and its joint ventures [1] - Interest expenses for the period were approximately HKD 23.8 million [1] Operating Performance - Excluding the aforementioned sale losses, revaluation losses, and interest expenses, the operating performance showed a profit of HKD 15.9 million, compared to HKD 23 million in 2024 [1]
兴胜创建(00896)发布中期业绩，净亏损2.75亿港元，同比扩大42.2%