GBA HOLDINGS (00261) expects its mid-term loss attributable to shareholders to narrow year-on-year to approximately HKD 20.1 million.

GBA HOLDINGS (00261) announced that based on the information currently available to the Board of Directors and the Board's preliminary review of the unaudited consolidated management accounts of the Group for the six months ending June 30, 2026 (the first half of 2026), the Group expects to achieve a gross profit of approximately HKD 2.4 million for the first half of 2026, compared to a gross loss of approximately HKD 27.9 million for the six months ending June 30, 2025 (the first half of 2025). The transition from gross loss to gross profit is mainly due to a reduction in impairment losses of properties held for sale and properties under development. The Group anticipates a loss attributable to the owners of the Company of approximately HKD 20.1 million for the first half of 2026, while the loss attributable to the owners of the Company for the first half of 2025 was approximately HKD 43.2 million. The significant decrease in the loss attributable to the owners of the Company is primarily due to a reduction in impairment losses of properties held for sale and properties under development.