Great Wall Pan Asia Holdings Reports 4.4% Decline in Revenue to HK$58.2 Million and HK$280.1 Million Net Loss for H1 2025

Reuters
Sep 25, 2025
<a href="https://laohu8.com/S/000835">Great Wall</a> <a href="https://laohu8.com/S/PAS.AU">Pan Asia</a> Holdings Reports 4.4% Decline in Revenue to HK$58.2 Million and HK$280.1 Million Net Loss for H1 2025

Great Wall Pan Asia Holdings Limited reported a net loss attributable to equity holders of HK$280.1 million for the six months ended 30 June 2025, compared to a net profit of HK$4.5 million for the same period in 2024. The company's loss before income tax was HK$277.3 million, down from a profit of HK$7.0 million in the prior-year period. The loss for the period was mainly attributed to a share of loss of associates totaling HK$70.8 million, compared to a share of profits of HK$64.8 million in the first half of 2024. Excluding the revaluation loss of investment properties of HK$88.8 million in the first half of 2025 (compared to a revaluation gain of HK$78.8 million in the first half of 2024), the loss attributable to equity holders was HK$191.3 million, an increase of 157.5% from a loss of HK$74.3 million in the previous year's period. The company's investment property portfolio in Hong Kong showed no significant changes and continues to include Kwai Fong Plaza, certain floors of the Bank of America Tower in Central, Yue King Building in Causeway Bay, Ko Fai Industrial Building in Yau Tong, and Seaview Estate in North Point. The group also maintains its participation in a joint venture holding a diversified property portfolio in Hong Kong. There were no other significant updates relating to business operations.

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