Core Viewpoint - The company expects a loss of approximately HKD 17 million for the fiscal year 2025, contrasting with a profit of HKD 33.6 million for the fiscal year 2024 [1] Financial Performance - The anticipated loss for fiscal year 2025 is primarily attributed to a projected revenue decrease of about 22% compared to fiscal year 2024 [1] - For the fiscal year 2024, the company reported a profit attributable to shareholders of approximately HKD 33.6 million [1] Market Conditions - The decline in revenue is linked to global trade tensions that have weakened consumer sentiment in the Chinese retail market, negatively impacting local economic and employment growth [1] - The property markets in Hong Kong and mainland China are described as weak, leading to fair value losses on the company's investment properties [1]

Core Viewpoint - The company anticipates a loss of approximately HKD 17 million for the fiscal year 2025, contrasting with a profit of HKD 33.6 million for the fiscal year ending June 30, 2024, primarily due to a projected revenue decline of about 22% [1] Group 1: Financial Performance - The company expects a loss attributable to shareholders of approximately HKD 17 million for the fiscal year 2025 [1] - For the fiscal year ending June 30, 2024, the company reported a profit attributable to shareholders of approximately HKD 33.6 million [1] Group 2: Market Conditions - The anticipated loss is mainly attributed to a decrease in revenue of about 22% for the fiscal year 2025 compared to fiscal year 2024 [1] - Global trade tensions have weakened consumer sentiment in the Chinese retail market, adversely affecting local economic and employment growth [1] - The property markets in Hong Kong and mainland China are experiencing weakness, leading to fair value losses on the company's investment properties [1]

Group 1 - The company expects to record a loss attributable to shareholders of approximately HKD 17 million for the fiscal year 2025, compared to a profit of approximately HKD 33.6 million for the fiscal year ending June 30, 2024 [1] - The board attributes this change primarily to a decrease in revenue of about 22% for the fiscal year 2025 compared to 2024, mainly due to global trade tensions weakening consumer sentiment in the Chinese retail market, adversely affecting local economic and employment growth [1] - Additionally, the company is facing fair value losses on investment properties due to a weak property market in Hong Kong and China [1]

Core Viewpoint - Huanghe Industrial (00318) anticipates a profit attributable to shareholders of HKD 10 million to HKD 12 million for the fiscal year ending April 30, 2025, a decrease of approximately HKD 9 million to HKD 11 million compared to the HKD 21.1 million profit for the fiscal year ending April 30, 2024 [1] Group 1 - The expected profit decline is primarily due to a non-cash accounting treatment reflecting a decrease in the fair value of the company's investment property portfolio by approximately HKD 17 million to HKD 18 million [1] - Management attributes the decline in fair value to the overall weakness in the property market during the current fiscal year [1] - The impairment is classified as an unrealized non-cash accounting treatment, which is not expected to have a significant impact on the company's cash flow or operations [1]