LIPPO China Resources (00156) issues profit warning, expecting shareholders' comprehensive loss to be approximately HK$60 million in 2025.

Lippo China Resources (00156) announces that it is expected to record a net fair value gain of approximately HKD 40 million for the year ending December 31, 2025 (the current year) on financial instruments accounted for at fair value through profit or loss, while a net fair value loss of HKD 63 million was recorded for the year ended December 31, 2024 (the previous year), as well as the reversal of approximately HKD 104 million in excess tax provisions for the current year. Based on the company's current information, it is expected that the group may incur a comprehensive loss attributable to shareholders of approximately HKD 60 million for the current year, compared to a comprehensive loss of HKD 684 million for the previous year. The decrease in loss is mainly due to a litigation settlement amount of HKD 386 million recorded in 2024, reduced operating expenses, changes in the fair value of financial instruments accounted for at fair value through profit or loss, and the reversal of excess tax provisions for the current year.