Chuang's China Investments (HKG:0298) expects an attributable loss of between HK$385 million and HK$425 million for the year ended March 31, wider than a loss of HK$321 million a year prior, a Friday Hong Kong bourse filing said.
The property company attributed the projected wider fiscal year 2025 loss mainly to the recognition of a fair value loss on investment properties in Anshan, China, as well as an impairment provision for a development site in the area classified as the firm's deposit.
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