LAI FUNG HOLD (01125) issues profit warning, expects annual consolidated loss attributable to shareholders to increase by no less than 40% year-on-year.
Lai Fung Holdings (01125) issued an announcement expecting that the consolidated loss attributable to owners of the Company for the current year will increase by no less than 40% compared with the loss of approximately HK$419 million for the year ended 31 July 2025.
LAI FUNG HOLD (01125) announced that it expects the consolidated loss attributable to owners of the Company for the current year to increase by no less than 40% compared with the loss of approximately HK$419 million for the year ended 31 July 2025.
The increase in loss is mainly attributable to the loss arising from the disposal of a residential tower of Hengqin Innovation Square Phase 2 and the write-down of properties of Hengqin Innovation Square Phase 2 during the current year.
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