Core Viewpoint - 德祥地产 reported a decline in revenue and an increase in losses, reflecting the ongoing challenges in the real estate market, particularly in commercial properties [1] Financial Performance - The company achieved revenue of HKD 7.042 million, a year-on-year decrease of 27.38% [1] - Loss attributable to shareholders was HKD 121 million, a year-on-year decrease of 76.07% [1] - Basic loss per share was HKD 0.13 [1] Market Conditions - The real estate market remains sluggish, especially in the commercial sector, leading to continued property valuation losses [1] - The valuation loss was lower than the same period last year due to no recognized impairment losses on property inventory [1] Investment Property Valuation - The fair value of the group's investment properties decreased by HKD 27 million (compared to HKD 45 million on September 30, 2024) [1] - This decrease was offset by a fair value loss of HKD 71.3 million from a jointly held commercial property in China (compared to HKD 43.9 million on September 30, 2024) [1]
德祥地产发布中期业绩 股东应占亏损1.21亿港元 同比减少76.07%