Far East Consortium posts HY net loss of HKD 988 million as revenue falls 27.4% to HKD 3.8 billion

Reuters
2025/12/22
<a href="https://laohu8.com/S/FEPTY">Far East</a> Consortium posts HY net loss of HKD 988 million as revenue falls 27.4% to HKD 3.8 billion

Far East Consortium International Ltd. reported consolidated revenue of HKD 3.8 billion for the first half of the financial year 2026, reflecting a decrease of 27.4 percent. Adjusted revenue, a non-GAAP measure, was HKD 4.9 billion, down 5.9 percent for the same period. Adjusted gross profit came in at HKD 1.3 billion. The group recorded a net loss attributable to shareholders of HKD 988 million for the six months ended 30 September 2025. Key factors impacting profitability included impairment losses on properties for sale of approximately HKD 193 million, impairment loss on deposits for acquisition of property, plant and equipment of around HKD 88 million, and a share of impairment loss recognised by a joint venture of about HKD 530 million. Recurring income business growth, lower finance costs, and gains from disposal of a stake in BC Invest partially offset these impacts.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Far East Consortium International Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251222-11963199), on December 22, 2025, and is solely responsible for the information contained therein.

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