Era Group Holdings: The group expects to turn from loss to profit by the first half of 2025, recording a profit of not less than 12 million Hong Kong dollars.

Time Group Holdings announcement, the group is expected to turn from a loss to a profit by the first half of 2025, with a profit of no less than 12 million Hong Kong dollars. The expected return to profit is mainly due to the absence of significant one-time losses that occurred in the same period last year due to the termination of the Cole Haan business; and the Hong Kong commercial property market is stabilizing, therefore, significant fair value changes in investment properties are not expected to occur.