Tern Properties Expects Interim Profit of HK$16 Million After Previous Loss
Reuters
Nov 13, 2025
<a href="https://laohu8.com/S/00277">Tern Properties</a> Expects Interim Profit of HK$16 Million After Previous Loss
Tern Properties Company Limited has issued a profit alert for the six months ended 30 September 2025. Based on preliminary unaudited management accounts, the company expects to report a profit before taxation of approximately HK$16 million for the period, compared to a loss of around HK$54 million for the same period in 2024. The improvement is mainly attributed to a significantly lower fair value loss on investment properties, recorded at about HK$1.9 million during the period, versus HK$71.7 million in the previous year. The interim results are yet to be finalized and are subject to review and possible adjustments. The official interim results announcement is expected to be published by the end of November 2025. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares.
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