ITC Properties Group (HKG:0199) reported a loss attributable to owners of HK$120.7 million for the six months ended Sept. 30, compared with HK$504.3 million a year earlier, according to a Monday Hong Kong bourse filing.

Shares of the property business firm were down nearly 7% in Tuesday's late morning trade.

Loss per share in the fiscal first half came in at HK$0.13, compared with HK$0.56 a year earlier.

Revenue declined to HK$7.04 million from HK$9.70 million.