Hong Kong stock exchange filings reveal that on January 2, shareholders of KINGLAND GROUP (01751) deposited shares with Astrum Capital Management, representing a holding valued at HK$96.768 million, which accounts for 20% of the company. The interim results for the six months ended June 30, 2025, for KINGLAND GROUP show revenue of HK$31.747 million, a decrease of 47.26% year-on-year. The company reported a loss of HK$4.646 million for the period, a significant reversal from a profit of HK$9.808 million in the same period last year, resulting in a basic loss per share of 1.92 HK cents. According to the announcement, the decline in both revenue and gross profit margin was primarily due to delays in the progress of certain projects.