Core Insights - The company reported a revenue of HKD 31.138 million for the six months ending September 30, 2025, representing an increase of 85.93% year-on-year [1] - The loss attributable to shareholders was approximately HKD 27.134 million, a decrease of 88.85% compared to the previous year [1] - The basic loss per share was HKD 0.03 [1] Financial Performance - Revenue from continuing operations reached HKD 31.138 million, marking a significant year-on-year growth of 85.93% [1] - The net loss attributable to shareholders decreased significantly, indicating improved financial health [1] - The basic loss per share was reported at HKD 0.03, reflecting the company's efforts to reduce losses [1] Factors Influencing Performance - The reduction in comprehensive net loss was primarily due to a decrease in fair value losses on investment properties [1] - There was a reduction in net write-offs for properties held for sale and development properties [1] - Losses related to the revision of convertible bond terms decreased, alongside reduced financing costs and net gains from fair value changes in financial assets [1]

Core Viewpoint - Jian Sheng International (00224) reported a revenue of HKD 113 million for the six months ending September 30, 2025, representing a year-on-year decline of 7.6% due to reduced rental income from investment properties [1] Financial Performance - Revenue for the period was HKD 113 million, down 7.6% year-on-year [1] - The company recorded a loss attributable to shareholders of HKD 28.97 million, which is a 66.3% improvement compared to the previous year [1] - Basic loss per share was HKD 0.0251 [1] Operational Insights - The decline in revenue was primarily attributed to a decrease in rental income from the company's investment properties [1]

Core Viewpoint - Tian De Properties (00266.HK) reported a decrease in revenue and a significant reduction in losses compared to the previous year, indicating some improvement in financial performance despite ongoing challenges in rental income and valuation losses [1] Financial Performance - The company's revenue for the six months ending September 30, 2025, was HKD 152 million, a year-on-year decrease of 2.54% [1] - Shareholders' loss for the period was HKD 75.428 million, compared to a loss of HKD 278 million in the same period last year [1] - Basic loss per share was HKD 0.16 [1] Operating Profit and Valuation - The operating profit before changes in investment property valuation was HKD 90.6 million, down approximately 8.8% from the previous year [1] - The valuation loss on investment properties was HKD 222.3 million, significantly lower than the valuation loss of HKD 604 million recorded in the same period last year [1] - The valuation changes only affect the company's accounting profit or loss and do not impact cash flow [1]

Core Viewpoint - Longwing Aviation Technology (00918.HK) reported a significant increase in revenue and profitability for the six months ending September 30, 2025, indicating a strong recovery and growth trajectory for the company [1] Financial Performance - The company recorded revenue of approximately HKD 75.8 million, representing a year-on-year increase of 318% [1] - The profit attributable to the owners of the company for the period was HKD 6.064 million, marking a turnaround from a loss to profitability [1] - The board of directors did not recommend any interim dividend for the six months ending September 30, 2025, consistent with the previous period where no dividend was declared [1] Investment Properties - As of September 30, 2025, the company held six investment properties located in mainland China and five in Hong Kong, including three parking spaces, aimed at generating rental income [1] - Out of the five investment properties in Hong Kong, all were leased out, while the remaining properties, including the three parking spaces, were vacant [1]

Core Viewpoint - The company expects a significant reduction in net loss for the six months ending September 30, 2025, compared to the net loss of approximately HKD 243 million for the same period in 2024, projecting a loss of no more than HKD 30 million [1] Summary by Relevant Categories Financial Performance - The anticipated net loss reduction is attributed to several factors, including a decrease in fair value loss on investment properties [1] - There is an expected decrease in the net impairment of properties held for sale and development properties [1] - The loss from the modification of convertible bonds is projected to decrease [1] - Financing costs are expected to decline [1] - There is an anticipated net gain from fair value changes in financial assets measured at fair value through profit or loss [1]

Core Viewpoint - Tai Hing Property (00277) anticipates a turnaround in its financial performance, projecting a pre-tax profit of approximately HKD 16 million for the six months ending September 30, 2025, compared to a pre-tax loss of about HKD 54 million for the same period in 2024 [1] Financial Performance - The expected improvement in the company's mid-term performance is primarily attributed to a significant reduction in fair value losses on investment properties, with a projected loss of approximately HKD 1.9 million, compared to a loss of about HKD 71.7 million in the previous period [1]

Core Viewpoint - The company reported a significant decline in revenue and an increase in net loss for the six months ending September 30, 2025, primarily due to property revaluation losses and the sale of a hotel [1] Financial Performance - Revenue for the period was HKD 771 million, representing a year-on-year decrease of 21.7% [1] - The net loss amounted to HKD 275 million, which is a 42.2% increase compared to the previous year [1] - Basic loss per share was HKD 0.256 [1] Key Factors Contributing to Loss - The loss was mainly attributed to a loss of approximately HKD 182.1 million from the sale of The Connaught, a hotel held by a joint venture [1] - High interest rates and a downturn in the property market led to a net revaluation loss of approximately HKD 84.6 million on properties held by the group and its joint ventures [1] - Interest expenses totaled approximately HKD 23.8 million during the period [1] Operating Performance - Excluding the aforementioned losses from the sale, revaluation, and interest expenses, the operating performance showed a profit of HKD 15.9 million, compared to HKD 23 million in the same period of 2024 [1]

Core Viewpoint - The company expects a reduction in losses for the six months ending September 30, 2025, with losses anticipated to be between HKD 225 million and HKD 265 million, compared to a loss of approximately HKD 293 million in the same period last year [1] Group 1 - The expected reduction in losses is primarily due to a decrease in fair value losses on investment properties and a reduction in impairment provisions for properties under development [1] - The company confirmed a net loss of approximately HKD 143 million related to the sale of an investment property in Hong Kong [1]

Core Viewpoint - The company expects a reduction in losses for the six months ending September 30, 2025, with estimated losses between HKD 225 million and HKD 265 million, compared to a loss of approximately HKD 293 million in the same period last year [1] Group 1 - The anticipated loss reduction is primarily due to a decrease in fair value losses on investment properties and a reduction in impairment provisions for properties under development [1] - The company confirmed a net loss of approximately HKD 143 million related to the sale of a subsidiary holding an investment property at 37 Island Road, Deep Water Bay, Hong Kong, disclosed on June 19, 2025 [1]

Core Viewpoint - ZHONGSHI CHINA (00298) expects a significant reduction in losses for the six months ending September 30, 2025, with losses projected to be between HKD 45 million and HKD 75 million, compared to a loss of approximately HKD 176 million in the same period last year [1] Financial Performance - The anticipated reduction in losses is primarily attributed to a decrease in the fair value losses of the group's investment properties [1]