Core Viewpoint - Garmin Group Holdings (01271) reported a significant decline in revenue and a shift from profit to loss for the six months ending September 30, 2025, primarily due to reduced residential property deliveries and the expiration of a data center lease [1] Financial Performance - Revenue for the period was HKD 253.5 million, representing a year-on-year decrease of 62.9% [1] - The company recorded a net loss of HKD 26.052 million, compared to a profit of HKD 52.6 million in the same period last year [1] - Basic loss per share was HKD 0.018 [1] Contributing Factors - The transition from net profit to net loss was mainly attributed to: - A significant reduction in residential property deliveries and the expiration of a data center lease [1] - A decrease in sales expenses due to reduced property sales revenue [1] - A notable decline in fair value gains from revaluation of investment properties, which dropped to HKD 0.4 million [1]
佳明集团控股发布中期业绩，净亏损2605.2万港元