DINGYI GP INV (00508) announced its interim results for the six months ended September 30, 2025. The company reported revenue of approximately HK$252 million, a year-on-year increase of 44.59%. However, it recorded a net loss of around HK$485 million, compared to a profit in the same period last year. The loss per share stood at HK57.05 cents.
The shift from profit to loss was attributed to the following combined factors: (1) Impairment losses on receivables and interest of about HK$20 million (2024: impairment losses of approximately HK$12 million); (2) An increase in general and administrative expenses by around HK$16 million; (3) A decrease in gains from fair value changes of financial assets by approximately HK$25 million; (4) Write-downs of properties under development and completed properties held for sale totaling HK$40.5 million; and (5) Losses from the settlement of financial liabilities amounting to HK$230 million.