LIPPO CHINA RES Anticipates Interim Net Profit of Around HK$140 Million, Reversing Year-Ago Loss
Stock News
Aug 24
LIPPO CHINA RES (00156) has issued a positive profit alert, projecting that the group will record a consolidated profit attributable to shareholders of approximately HK$140 million for the six months ending 30 June 2026.
This expected turnaround contrasts sharply with the consolidated loss of HK$80 million reported for the corresponding period ended 30 June 2025. The company attributes the favourable shift primarily to income derived from insurance compensation received during the current interim period.
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