SHIN HWA WORLD (00582) expects the comprehensive net loss to decrease by approximately 20% to 35% year-on-year in 2025.

SHIN HWA WORLD (00582) announces that it expects the Group's comprehensive net loss for the fiscal year ending December 31, 2025 (the current year) to decrease by approximately 20% to 35% compared to the fiscal year ending December 31, 2024. The decrease in comprehensive net loss for the current year is mainly attributed to: no significant non-recurring expenses leading to a decrease in operating expenses; reduction in amortization and depreciation; and an increase in the fair value of investment properties. As of the date of this announcement, the Group is still assessing impairment losses on intangible assets (if necessary). Considering the potential impairment losses on intangible assets that may need to be recognized, it is expected that the comprehensive net loss for the current year will decrease by approximately 20% to 35% compared to the fiscal year ending December 31, 2024.