DINGYI GP INV (00508) announced that despite revenue increasing to HK$252.2 million for the six months ending September 30, 2025, compared to HK$174.4 million in the same period last year, the group expects to report a net loss of approximately HK$485.3 million, contrasting with a net profit of around HK$27.3 million in the previous period.

The significant revenue growth was driven by a surge in property sales recognized from the group's development projects in China. The shift from net profit to net loss was primarily attributed to the combined impact of the following factors: (1) gross margin declining from approximately 18% in the prior period to around -59% in the current period; (2) impairment losses on receivables and interest totaling approximately HK$20.3 million (previous period: HK$12.5 million); (3) a loss of HK$230 million from derecognition of financial liabilities; and (4) a write-down of HK$40.5 million on properties under development and completed properties held for sale.