KRP Development Holdings Limited (Stock Code: 2421) announced under Rule 13.09(2) of the Listing Rules and related provisions that, based on its unaudited consolidated management accounts for the six months ended 30 September 2025, profit attributable to equity shareholders is anticipated to decrease by about 50% compared with the same period in 2024.

According to the announcement, the expected decline primarily stems from reduced property sales due to fluctuating real estate market conditions in the PRC and a drop in the fair value of investment properties held by the group. However, the group reports maintaining a sound financial position, highlighting a healthy net cash status with no bank borrowings.

The announcement further notes that the interim results for the six months ended 30 September 2025 are under review and finalization, and are scheduled for publication by the end of November 2025. Shareholders and potential investors are advised to exercise caution when dealing in the shares of the company.