Y. T. Realty Expects Deeper Loss in 2025; Shares Fall 10%
MT Newswires Live
Mar 23
Y. T. Realty (HKG:0075) expects a loss attributable to shareholders of about HK$330 million to HK$370 million for 2025, widening from a loss of HK$4 million a year earlier, according to a March 20 Hong Kong bourse filing.
Shares of the property developer were down over 10% in Monday afternoon trade.
The company said the increased loss was mainly due to lower gross profit from property sales and higher selling expenses, partly offset by lower finance costs.
Y. T. Realty expects to publish its annual results on March 27.
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