ASIASEC PPT (00271) Reports Interim Results with Net Loss of HK$63.26 Million, Up 271.33% Year-on-Year
Stock News
Aug 21
ASIASEC PPT (00271) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$23.37 million, representing a decrease of 3.5% compared to the same period last year. The company reported a loss of HK$63.26 million during the period, marking an increase of 271.33% year-on-year, with loss per share of HK$0.051.
The primary factor contributing to the group's declining financial performance was the net decrease in fair value of investment properties, which amounted to HK$60.047 million during the reporting period, significantly higher than the HK$12.79 million recorded in the corresponding period of the previous year.
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