Group 1 - The company expects to record an unaudited consolidated loss attributable to shareholders of approximately HKD 452 million to HKD 500 million for the fiscal year 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 the fiscal year 2025, compared to a fair value gain of approximately HKD 132 million for the fiscal year 2024 [1] Group 2 - The decline in the valuation of the company's investment properties, mainly consisting of commercial properties, is attributed to the ongoing downturn in the Hong Kong real estate market [2] - Despite the expected losses, the fair value gains/losses are non-cash in nature, and the company's investment properties and investments in joint ventures are long-term projects aimed at generating stable and recurring rental income and investment returns, thus not significantly impacting the company's operational cash flow [2] - The overall financial and business condition of the company remains stable [2]

预期本集团之投资物业于2025年12月31日录得重估公平值亏损约2.03亿港元至2.24亿港元，而本集团于 2024年12月31日则录得投资物业公平值收益约1.32亿港元;及 由于受香港房地产市场持续低迷影响，导致本集团及其联营公司之投资物业(主要由商业物业所组成)之 评估价值下跌。尽管存在上述情况，由于重估公平值收益╱亏损属非现金性质，而且本集团持有之投资 物业及于联营公司之投资乃长期投资项目以获取稳定及经常性租金收入及投资回报，故此将不会对本集 团之营运现金流产生重大影响。本集团整体财务及业务状况维持稳健。 预期本集团于2025年度分占一家联营公司亏损约4600万港元至5100万港元，而本集团于2024年度录得分 占一家联营公司盈利约5600万港元，此乃由于该联营公司的投资物业于2025年度录得重估公平值亏损所 致。 智通财经APP讯，长城环亚控股(00583)发布公告，集团预期2025年度将录得未经审核股东应占综合亏损 约4.52亿港元至5.00亿港元连同未经审核基本每股亏损约28.9港仙至31.9港仙，而截至2024年12月31日止 年度的经审核股东应占综合亏损约8400万港元及经审核基本每股亏损5. ...

Core Viewpoint - The company anticipates a significant loss for the fiscal year ending June 30, 2025, primarily due to non-cash fair value revaluation losses and one-time losses from the termination of the Cole Haan business [1][2]. Group 1: Financial Performance Expectations - The company expects a loss attributable to shareholders between approximately HKD 170 million and HKD 190 million for the fiscal year ending June 30, 2025, compared to a profit of approximately HKD 102 million for the same period in 2024 [1]. - The manufacturing segment's revenue is expected to decrease compared to the segment revenue of approximately HKD 1.066 billion in 2024, with a forecasted pre-tax loss for the fiscal year ending June 30, 2025, compared to a pre-tax profit of approximately HKD 110 million in 2024 [1]. - The retail segment's revenue is expected to increase compared to the segment revenue of approximately HKD 528 million in 2024, but it is projected to incur a pre-tax loss due to a one-time significant loss of approximately HKD 83.568 million from the termination of the Cole Haan business [2]. Group 2: Property Investment Segment - The property investment segment's revenue is expected to decrease compared to the segment revenue of approximately HKD 12.399 million in 2024, with an anticipated increase in pre-tax loss compared to the pre-tax loss of approximately HKD 3.359 million in 2024 [2]. - The anticipated significant non-cash fair value reduction of approximately HKD 105 million to HKD 115 million in property investments is attributed to intense competition in the office market, weak demand, economic uncertainty, and geopolitical factors leading to a decline in premium office prices in Hong Kong [2]. Group 3: Dividend Policy - Despite the expected losses for the fiscal year ending June 30, 2025, the company's board has confirmed that the dividend policy will remain unchanged [3].

Core Viewpoint - Great Wall Pan-Asia Holdings (00583) anticipates a significant shift from profit to loss for the six months ending June 30, 2025, primarily due to substantial losses in property valuations and share of losses from an associate company [1][2] Group 1: Financial Performance - The company expects an unaudited consolidated loss attributable to shareholders of approximately HKD 266 million to HKD 294 million, with an unaudited basic loss per share ranging from approximately HKD 0.1697 to HKD 0.1876 [1] - In contrast, for the six months ending June 30, 2024, the company reported an unaudited consolidated profit attributable to shareholders of HKD 4.52 million and an unaudited basic earnings per share of HKD 0.0029 [1] Group 2: Reasons for Loss - The anticipated loss is primarily attributed to a projected fair value loss of approximately HKD 87 million to HKD 91 million on investment properties, compared to a fair value gain of approximately HKD 79 million for the same period in 2024 [1] - Additionally, the company expects to share losses from an associate company amounting to approximately HKD 69 million to HKD 72 million, contrasting with a profit share of approximately HKD 65 million for the six months ending June 30, 2024, due to fair value losses and increased financial costs [1] Group 3: Market Conditions - The ongoing downturn in the Hong Kong real estate market has negatively impacted the valuation of the company's and its associates' investment properties, which are primarily composed of commercial properties [2] - Despite these valuation challenges, the company maintains that the fair value gains/losses are non-cash in nature and that its investment properties are long-term investments aimed at generating stable and recurring rental income and investment returns, indicating that the overall financial and business condition remains robust [2]

Core Viewpoint - Great Wall Holdings (00583) anticipates a significant shift from profit to loss for the six months ending June 30, 2025, primarily due to declines in property valuations and losses from an associated company [1][2] Financial Performance - The company expects an unaudited consolidated loss attributable to shareholders of approximately HKD 266 million to HKD 294 million, with an unaudited basic loss per share ranging from approximately HKD 0.1697 to HKD 0.1876 for the upcoming reporting period [1] - In contrast, for the six months ending June 30, 2024, the company reported an unaudited consolidated profit of HKD 4.52 million and an unaudited basic earnings per share of HKD 0.0029 [1] Reasons for Loss - The anticipated loss is primarily attributed to: - Expected fair value losses on investment properties of approximately HKD 87 million to HKD 91 million for the upcoming period, compared to a fair value gain of approximately HKD 79 million for the same period in 2024 [1] - Expected losses from an associated company amounting to approximately HKD 69 million to HKD 72 million, contrasting with a profit of approximately HKD 65 million from the same company in the previous period, driven by fair value losses and increased financial costs [1] Market Conditions - The ongoing downturn in the Hong Kong real estate market has negatively impacted the valuation of the company's investment properties, which are primarily composed of commercial properties [2] - Despite these challenges, the company maintains that the fair value gains/losses are non-cash in nature and that its investment properties and associated investments are long-term projects aimed at generating stable and recurring rental income and investment returns, indicating that the overall financial and business condition remains robust [2]