C C LAND (01224) announced its annual performance, with a net loss attributable to shareholders of HK$467 million, a year-on-year decrease of 24.47%.
Zhong Yu Zhi Di (01224) announced its annual financial results as of December 31, 2025. The group achieved a revenue of HK$546 million, representing a 7.5% increase year-on-year. The loss attributable to ordinary equity holders of the parent company was HK$467 million, a decrease of 24.47% year-on-year, with a loss per share of 12.02 HK cents.
CC LAND (01224) announced its annual performance for the year ending December 31, 2025. The group achieved a revenue of HK$546 million, an increase of 7.5% compared to the previous year. The loss attributable to the owners of the parent company was HK$467 million, a decrease of 24.47% compared to the previous year, with a loss per share of 12.02 HK cents.
The announcement stated that the significant decrease in losses for the year was mainly due to a foreign exchange loss of HK$56.1 million in the previous year turning into a foreign exchange gain of HK$102 million, a reduction in finance costs of HK$95.7 million, and the provision for UK incremental taxes in previous years resulting in a tax expense of HK$22.3 million turning into a tax offset of HK$52.7 million. However, the increase in the share of losses borne by the group's joint venture investments (including investments in joint ventures and associate companies) offset by approximately HK$1.578 billion. This increase was due to a decrease in property sales revenue and a decline in preferential returns from The Whiteley.
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