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.

Tern Properties Company Limited has issued a profit alert for the six months ended 30 September 2025. Based on preliminary unaudited management accounts, the company expects to report a profit before taxation of approximately HK$16 million for the period, compared to a loss of around HK$54 million for the same period in 2024. The improvement is mainly attributed to a significantly lower fair value loss on investment properties, recorded at about HK$1.9 million during the period, versus HK$71.7 million in the previous year. The interim results are yet to be finalized and are subject to review and possible adjustments. The official interim results announcement is expected to be published by the end of November 2025. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tern Properties Company Limited published the original content used to generate this news brief on November 13, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here