Lai Fung Holdings (01125) Issues Profit Warning, Expects Annual Consolidated Loss Attributable to Shareholders to Increase by No Less Than 40% Year-on-Year
Stock News
Oct 12
Lai Fung Holdings (01125) has issued an announcement stating that it expects the consolidated loss attributable to owners of the Company for the current financial year to increase by no less than 40% compared to the loss of approximately HK$419 million for the year ended 31 July 2025.
The increase in loss is mainly attributable to losses arising from the disposal of a residential tower of Hengqin Innovation Square Phase II and the write-down of properties of Hengqin Innovation Square Phase II during the current financial year.
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