SINOFORTUNE FIN (08123) has announced an expected loss for the group for the fiscal year ending December 31, 2025 (FY2025) of no more than approximately HK$14.8 million. This compares to a loss of about HK$99 million recorded for the fiscal year ended December 31, 2024 (FY2024). The significant reduction in loss is primarily attributable to (i) a substantial reversal of an impairment loss on prepayments for car purchases of approximately HK$18.8 million (FY2024: impairment loss of about HK$75.8 million); and (ii) a significant gain of approximately HK$14.3 million recognized from the disposal of a subsidiary of the group (FY2024: none). However, the positive impact of these items was partially offset by a significant impairment loss of approximately HK$25.2 million recognized on other receivables during FY2025 (FY2024: none), which moderated the extent of the group's loss reduction.