CC LAND (01224) expects to achieve a net profit attributable to shareholders of approximately HKD 30 million for the mid-term, turning a profit from a loss year-on-year.

Chongyu Property (01224) announced that, based on the latest unaudited consolidated management accounts for the six months ending June 30, 2026, and information currently available to the Board, the Group expects to return to profitability, turning around from a net loss of approximately HKD 37 million for the same period in 2025 to an estimated net profit attributable to shareholders of approximately HKD 30 million for the six months ending June 30, 2026. The Board emphasizes that the expected net profit is mainly due to an increase in fair value gains resulting from the revaluation of the Group's investment properties in the United Kingdom as of June 30, 2026. Part of the expected profit is offset by a decrease in exchange gains realized during the reporting period.