Tern Properties Expects Interim Profit of HK$16 Million After Previous Loss

Reuters
2025.11.13 08:44
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Tern Properties Company Limited anticipates an interim profit of approximately HK$16 million for the six months ending September 30, 2025, a significant recovery from a loss of HK$54 million in the same period last year. This improvement is primarily due to a reduced fair value loss on investment properties, now estimated at HK$1.9 million compared to HK$71.7 million previously. The final results are pending review and will be announced by the end of November 2025. Shareholders are advised to exercise caution in trading the company's shares.