SHENZHEN INVEST (00604) issues profit warning, expecting a comprehensive loss attributable to shareholders of approximately HK$4.3 billion to HK$4.5 billion for the year 2025, representing an increase compared to the previous year.

Shenzhen Invest (00604) announced that the Group is expected to record a net comprehensive loss attributable to equity shareholders ranging from approximately HK$4.3 billion to HK$4.5 billion for the year ending December 31, 2025 (2025 financial year), compared to a net comprehensive loss of approximately HK$1.823 billion for the year ended December 31, 2024. The significant increase in the expected net loss attributable to equity shareholders is mainly attributed to (i) an increase in losses from a joint venture in the 2025 financial year; (ii) an increase in impairment provisions for real estate projects made by the Group in the 2025 financial year; and (iii) an increase in losses from changes in the fair value of investment properties acquired by the Group in the 2025 financial year.