Harbour Centre Development Limited has issued a profit warning, indicating that the company may report a loss attributable to equity shareholders ranging from HK$230 million to HK$290 million for the first half of 2025. This projected loss is a significant increase compared to the HK$8 million loss reported during the same period in 2024. The anticipated loss is primarily attributed to impairment provisions on development properties and a revaluation deficit on investment properties. Despite this forecast, the company reassures that its overall financial, business, and trading positions remain healthy. The announcement was based on a preliminary assessment of the latest unaudited management accounts and other available management information. Shareholders and investors are advised to exercise caution when dealing with the company's shares. The Group's consolidated results for the half year ended June 30, 2025, are expected to be published in early August 2025.
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