Y.T. REALTY (00075) issues a profit warning, expecting a consolidated loss attributable to shareholders of approximately HK$265 million to HK$325 million for the interim period.
Yutai Real Estate (00075) announced that for the six months ending June 30, 2026, the group expects to incur an estimated consolidated loss attributable to shareholders in the range of approximately HKD 265 million to approximately HKD 325 million, compared to a loss of HKD 66.9 million in the same period last year. The anticipated increase in losses compared to the same period last year is primarily due to a decrease in gross profit margins from property sales, along with increased selling expenses and goodwill impairment losses. These adverse factors have been partially offset by a reduction in financial costs compared to the same period last year.
Y.T. REALTY (00075) announced that for the six months ending June 30, 2026, the group expects to incur an estimated consolidated loss attributable to shareholders ranging from approximately HKD 265 million to approximately HKD 325 million, compared to a loss of HKD 66.9 million in the same period last year. The expected loss has increased compared to the same period last year primarily due to a decrease in gross profit margin from property sales, as well as an increase in selling expenses and impairment losses on goodwill. These adverse factors have been partially offset by a decrease in financial costs compared to the same period last year.
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