GRAND FIELD GP (00115) has announced that the group expects to record an attributable loss to its company owners of approximately HK$78 million to HK$87 million for the fiscal year ending December 31, 2025. This compares to an attributable loss of approximately HK$251.3 million for the 2024 fiscal year. The reduction in loss is primarily attributable to several factors: (i) an increase in gross profit from about HK$16 million in 2024 to approximately HK$20 million in 2025, driven by higher revenue; (ii) a decrease of about 21.7% in administrative expenses for 2025 compared to the previous year, resulting from the group's proactive review and streamlining of its cost structure to achieve greater capital efficiency in its operations; (iii) the recognition of a one-time gain of approximately HK$60 million from the sale of a 100% equity interest in Jiafeng Industrial Co., Ltd. during 2025; and (iv) a significant reduction in the fair value loss recognized on the group's investment properties for the 2025 fiscal year compared to the same period last year.