Tern Properties Company Limited (Stock Code: 277) released an announcement highlighting an expected interim profit for the six-month period ended 30 September 2025. According to the preliminary assessment of unaudited consolidated management accounts, a profit before taxation of approximately HK$16 million is anticipated, in contrast to a loss of around HK$54 million for the same period in 2024.

The company attributed the turnaround primarily to a fair value loss on investment properties of roughly HK$1.9 million for the six months ended 30 September 2025, significantly lower than the HK$71.7 million recorded in the previous year’s corresponding period.

Tern Properties Company Limited noted that the interim results have yet to be finalized. Shareholders and investors are advised to exercise caution and review the forthcoming interim results announcement, expected by the end of November 2025.