---
title: "HBFX fell over 6%, with an annual pre-loss exceeding 1.946 billion yuan, turning from profit to loss year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/227161962.md"
description: "HBFX's stock price fell by more than 6%, closing at 2.2 yuan, with a transaction volume of 115 million yuan and a total market value of 3.5 billion yuan. The company expects a net loss attributable to shareholders of the listed company between 1.946 billion yuan and 2.475 billion yuan, compared to a profit of 68.3328 million yuan in the same period last year, resulting in a year-on-year loss. The main reason is that the company has increased its market promotion efforts, leading to fluctuations in the net realizable value of inventory and the fair value of investment properties, with expected fair value change losses and impairment provisions of approximately 2.08 billion yuan to 2.445 billion yuan"
datetime: "2025-02-05T06:15:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/227161962.md)
  - [en](https://longbridge.com/en/news/227161962.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/227161962.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/227161962.md) | [繁體中文](https://longbridge.com/zh-HK/news/227161962.md)


# HBFX fell over 6%, with an annual pre-loss exceeding 1.946 billion yuan, turning from profit to loss year-on-year

HBFX fell over 6% to HKD 2.2, with a trading volume increasing to HKD 115 million and a total market value of HKD 3.5 billion. According to the news, the company expects a net loss attributable to shareholders of the listed company of HKD 1.946 billion to HKD 2.475 billion, compared to a profit of HKD 68.3328 million in the same period last year, turning from profit to loss year-on-year. This is mainly due to the company's increased market price promotions for commercial complexes, office buildings, parking spaces, and other products during the reporting period to quickly recover funds, resulting in fluctuations in the net realizable value of related inventories and the fair value of investment properties. It is expected to recognize fair value change losses and impairment provisions of approximately HKD 2.08 billion to HKD 2.445 billion

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