Core Viewpoint - The company, 路劲 (01098), anticipates a significant loss for the fiscal year ending December 31, 2025, estimated between HKD 52 billion to 55 billion, with losses attributable to shareholders expected to be between HKD 58 billion to 61 billion, reflecting a deterioration in the real estate market and operational challenges [2]. Financial Performance - The projected loss for the current year represents an increase from the previous year's loss of HKD 33.08 billion, with losses attributable to shareholders amounting to HKD 41.22 billion [2]. - The increase in losses is primarily due to the decline in profit margins from real estate projects in mainland China and Hong Kong, coupled with increased impairment provisions for properties and related assets [2]. Market Conditions - The company’s financial struggles are attributed to the ongoing downturn in the real estate market and a challenging industry environment, which have adversely affected profitability [2]. - The prior year’s results included a one-time gain from the sale of the entire interest in mainland China's highway business, which generated a post-tax net gain of HKD 14.90 billion (approximately HKD 11.18 billion attributable to shareholders), partially offsetting operational losses for 2024 [2].
路劲发盈警，预期2025年度股东应占亏损约为58亿港元至61亿港元 同比增加