Group 1 - The company, Great Wall Holdings, expects to record an unaudited consolidated loss attributable to shareholders of approximately HKD 452 million to HKD 500 million for the fiscal year ending December 31, 2025, along with an unaudited basic loss per share of approximately HKD 0.289 to HKD 0.319 [1] - For the fiscal year ending December 31, 2024, the company recorded an audited consolidated loss attributable to shareholders of approximately HKD 84 million and an audited basic loss per share of HKD 0.054 [1] - The anticipated loss is primarily due to expected fair value losses on investment properties of approximately HKD 203 million to HKD 224 million for 2025, compared to a fair value gain of approximately HKD 132 million for 2024 [1] Group 2 - The company expects to share losses from an associate company amounting to approximately HKD 46 million to HKD 51 million for 2025, whereas it recorded a profit of approximately HKD 56 million from the same associate in 2024, attributed to fair value losses on investment properties [1] - The ongoing downturn in the Hong Kong real estate market has led to a decline in the valuation of the company's and its associates' investment properties, primarily composed of commercial properties [2] - Despite the expected losses, the company states that fair value gains/losses are non-cash in nature and will not significantly impact the operational cash flow, maintaining a stable overall financial and business condition [2]
长城环亚控股(00583)发盈警 预计年度股东应占综合亏损约4.52亿港元至5亿港元