POLY PROPERTY (00119) announced that the group anticipates profit attributable to owners of the company for the six months ended June 30, 2025, to decline by 40% to 50% compared to the same period last year. The decrease in profit attributable to owners is primarily attributed to higher-than-expected land value-added tax on certain projects settled during the period, increased sales expenses due to intensified market competition, and a reduction in the proportion of profit attributable to the company's owners.
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