以下为引致收入及亏损减少的主要原因：(1)收入减少主要来自租金收入总额减少。(2)亏损减少主要由 于投资物业的公平值变动亏损减少。集团的投资物业于2025年12月31日进行重估，于本年度将录得公平 值变动亏损。本年度公平值变动亏损减少主要来自位于香港的物业。未变现的公平值变动乃非现金项 目，对集团的现金流量并无构成影响。 来源：格隆汇APP 格隆汇2月24日丨华人置业(00127.HK)发布公告，集团预期于截至2025年12月31日止年度可能录得公司 拥有人应占的综合亏损净额("亏损")减少介乎75%至85%而收入则减少介乎5%至15%(与截至2024年12月 31日止年度的收入3.37亿港元及公司拥有人应占的综合亏损净额21.08亿港元相比)。 ...

Group 1 - The company expects to incur a net loss of approximately HKD 164 million to HKD 166 million in the first half of 2025, compared to a net loss of approximately HKD 61.3 million in the same period of 2024, primarily due to a higher expected decrease in the fair value of investment properties [1] - The anticipated decrease in the fair value of the company's investment properties for the first half of 2025 is approximately HKD 169 million to HKD 171 million, compared to a decrease of approximately HKD 67.9 million in the same period of 2024, reflecting the overall market conditions in Hong Kong's commercial retail and residential property sectors [1] - Despite the expected decrease in fair value being a non-cash item, the company does not anticipate any significant adverse impact on its operations and cash flow, as its business focuses on long-term investments and property leasing [1] Group 2 - The company also expects to incur other comprehensive expenses of approximately HKD 30 million to HKD 32 million in the first half of 2025, compared to approximately HKD 24.2 million in the same period of 2024, mainly due to the decrease in the fair value of the fund and fund properties [2] - The anticipated total comprehensive expenses for the first half of 2025 are expected to be approximately HKD 194 million to HKD 198 million, compared to approximately HKD 85.5 million in the same period of 2024 [2] - The unrealized valuation changes will not be reclassified to profit or loss and are considered non-cash items, which do not affect the company's daily operations and cash flow [2]