Affected by the Chinese real estate business, Hualian is expected to incur losses in the fiscal year 2025 | Lianhe Zaobao
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Hualian Enterprises (OUE Limited) expects to incur losses in the fiscal year ending in 2025, primarily due to its associate company Gemdale Properties and Investment Corporation (GPI) being affected by the slowdown in the Chinese real estate market. The loss for the first half of 2025 is expected to be HKD 46 million, with an annual loss estimated between HKD 220 million and HKD 240 million. At the same time, Hualian Enterprises will account for an impairment loss on its investment in GPI
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