SC HOLDINGS (00413) has announced that the group expects to record a significant loss for the fiscal year ending December 31, 2025. This contrasts with a net profit achieved in the corresponding period of 2024, which amounted to HKD 12.2 million. The anticipated loss is primarily attributed to two key factors. Firstly, there is a net fair value loss on investment properties, reflecting a weakening market for the relevant real estate assets. Secondly, the trade and manufacturing business is expected to report an operating loss. This is due to a decrease in sales orders from a major client and a reduction in orders from overseas customers, which has been impacted by US tariffs.