KRP DEVELOPMENT (02421) announced that it expects the profit attributable to equity holders for the six months ending September 30, 2025, to decline by approximately 50% compared to the same period in 2024. The decrease is primarily due to (i) reduced property sales caused by ongoing market volatility in China's real estate sector, and (ii) a decline in the fair value of the group's investment properties. Despite these challenges, the company maintains a strong financial position with net cash and no bank borrowings since its listing. The board believes the group remains financially stable and operationally resilient.