Alta Moda Enterprises (00616.HK) issues profit warning, expecting mid-term net loss to narrow to no more than HK$30 million.

Zhixin Finance APP News, Gao Shan Enterprise (00616.HK) announced that compared with a net loss of approximately 243 million Hong Kong dollars for the six months ended September 30, 2024, the Group's net loss for the six months ended September 30, 2025 is expected to significantly narrow to no more than 30 million Hong Kong dollars. The expected decrease in net loss is mainly due to (including): (i) a decrease in fair value change losses on investment properties; (ii) a decrease in the net amount of gains on disposal of development properties and disposal properties held for sale; (iii) a decrease in losses from the modification of terms of convertible notes; (iv) a decrease in financing costs; and (v) a net decrease in fair value change gains on financial assets recognized at fair value in profit or loss.