Asiasec Properties Limited (ASIASEC PPT) has alerted shareholders to a substantially wider interim loss, citing a steeper decline in the fair value of its investment properties.
For the six months ended 30 June 2026, unaudited management accounts indicate a net loss between HK$110 million and HK$120 million. This represents an approximate 74%–90% deterioration from the HK$63.00 million loss recorded in the same period of 2025. Management attributes the setback primarily to a “higher decrease in the fair value of investment properties” during the current period.
The interim figures remain subject to review by the company’s auditor and audit committee. Final results are scheduled for release within the timeframe stipulated by Hong Kong Stock Exchange Listing Rules.
The board advises investors to exercise caution when trading the company’s shares pending publication of the confirmed interim results.