ASIASEC PPT issued a profit warning, expecting a mid-term net loss of approximately HKD 60 million to HKD 65 million

Zhitong
2025.08.12 08:56
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According to the Zhitong Finance APP, ASIASEC PPT announced that the group expects to record a net loss of approximately HKD 60 million to HKD 65 million for the six months ending June 30, 2025, compared to a net loss of approximately HKD 17 million for the six months ending June 30, 2024. The main reason for the decline in the group's financial performance is that the net decrease in the fair value of the group's investment properties during this reporting period is significantly higher than the amount for the same period last year

According to the Zhitong Finance APP, ASIASEC PPT (00271) announced that the group expects to record a net loss of approximately HKD 60 million to HKD 65 million for the six months ending June 30, 2025, compared to a net loss of approximately HKD 17 million for the six months ending June 30, 2024. The main reason for the decline in the group's financial performance is the higher net decrease in the fair value of the group's investment properties during the reporting period compared to the same period last year