TERN PROPERTIES (00277) Issues Profit Alert, Expects H1 Pre-Tax Profit of Approximately HK$16 Million, Turning Loss into Profit

Stock News
Nov 13, 2025

TERN PROPERTIES (00277) announced that it expects to achieve a pre-tax profit of approximately HK$16 million for the six months ending September 30, 2025, compared to a pre-tax loss of around HK$54 million in the same period last year. The turnaround in the group's interim performance is primarily attributed to a fair value loss of about HK$1.9 million on its investment properties, significantly lower than the fair value loss of approximately HK$71.7 million recorded in the previous corresponding period.

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