VANKE OVERSEAS (01036) announced that the group expects to record a shareholder loss of approximately HK$101 million for the first half of 2025, compared to a shareholder loss of approximately HK$29 million in the first half of 2024.
The board of directors attributes the shareholder loss during this period primarily to increased fair value losses on the group's investment properties. The fair value losses are non-cash items and do not impact the group's operating cash flow.
Facing market volatility, the company remains committed to maintaining financial stability. Based on information available to the company as of the date of this announcement, which has not been reviewed by the company's auditors, the company currently maintains a net debt ratio of zero and continues to uphold financial stability.
The company's business operations remain in good condition, and the group expects its investment properties to maintain stable operations in the second half of 2025.