TAI UNITED HOLD issues a profit warning, expecting pre-tax losses in the first half to decrease to approximately HKD 200 million to HKD 240 million

Zhitong
2025.08.22 10:11
portai
I'm PortAI, I can summarize articles.

TAI UNITED HOLD released a profit warning, expecting that the pre-tax loss in the first half of 2025 will decrease to approximately HKD 200 million to HKD 240 million, an improvement compared to approximately HKD 275 million in the same period of 2024. The reasons for the loss include the decline in the fair value of investment properties in China, provisions for financial guarantee contract losses related to bank borrowings of non-group companies, and financial costs of bank loans associated with the acquisition of a shopping center in Guangzhou