Core Viewpoint - The company anticipates a significant loss for the six months ending September 30, 2025, primarily due to strategic asset sales aimed at enhancing liquidity and positioning for future growth opportunities [1][2] Group 1: Financial Performance - The company expects a consolidated loss attributable to shareholders of no more than 390 million HKD for the six months ending September 30, 2025, compared to a profit of approximately 96.9 million HKD for the same period in 2024 [1] - The gross profit is projected to decline from 92.7 million HKD for the six months ending September 30, 2024, to a gross loss of approximately 16.6 million HKD in the current period, reflecting a decrease in property sales profitability [1] - The share of profits from joint ventures is expected to decrease from 249 million HKD for the six months ending September 30, 2024, to about 63.6 million HKD in the current period, primarily due to the ongoing downturn in the commercial real estate market [1] Group 2: Strategic Decisions - The strategic decision to sell a 20% stake in a hotel project resulted in a loss of approximately 208 million HKD, aimed at reallocating resources to seize future investment opportunities and expand into high-potential projects [1] - The company has successfully converted the sold property into student accommodation, achieving high occupancy rates and stable operational performance, which supports the rationale behind the sale [1] - The asset sales, despite resulting in accounting losses, have provided immediate cash inflow and significantly reduced net debt by approximately 1.202 billion HKD, a decrease of about 30.1% [2] Group 3: Sales and Future Outlook - The company achieved a record high in contracted sales totaling approximately 1.637 billion HKD, a substantial increase of about 31.3% compared to 1.247 billion HKD in the same period of 2024 [2] - As of September 30, 2025, the company has approximately 2.674 billion HKD in contracted but unrecognized sales, which is expected to be recognized as revenue upon completion and delivery of the related property projects [2]
宏安地产发盈警，预期上半年公司拥有人应占综合亏损不多于3.9亿港元 同比盈转亏