Far East Development (00035) issues profit warning, expecting a mid-term loss attributable to shareholders not exceeding HKD 990 million.

Financial Express App News, Far East Consortium (00035) announced that the Group expects to incur a shareholder's attributable loss of not more than HK$990 million for the six months ended September 30, 2025, compared to a shareholder's attributable loss of approximately HK$770 million for the six months ended September 30, 2024. The loss is primarily due to a decrease in property sales and impairment losses (including impairment losses on properties held for sale, as well as impairment losses recognized in an associated company and a joint venture).