RENZE HARVEST (01282) issues profit warning, expecting a loss of no more than HK$130 million for the year ending 2025.

RENZE HARVEST (01282) announced that the group expects to record a net loss of no more than HK$130 million for the financial year ending on December 31, 2025 (2025 fiscal year), compared to a net loss of approximately HK$320 million for the financial year ending on December 31, 2024 (2024 fiscal year). The decrease in expected loss for the current year is mainly attributed to the fair value loss on investment properties, which has decreased from approximately HK$2.81 billion in the 2024 fiscal year to approximately HK$67.308 million in the 2025 fiscal year. Additionally, the provision for property inventory in the 2025 fiscal year has significantly decreased to approximately HK$873,000, compared to HK$151 million in the 2024 fiscal year.