According to the Zhitong Finance App, COSMOPOL INT'L (00120) issued an announcement. It is expected that the Group will obtain a comprehensive loss attributable to shareholders of approximately HK$232 million during the mid-2026 period, compared with a loss of HK$56.5 million over the same period last year.

Although the Group completed the sale of its hotel property within the Regal International Xinduhui project in Chengdu in June 2026, sales of the remaining commercial portion of the Chengdu project and the Group's other developments in Tianjin are still slow. As a result, the overall profit contribution from property sales during the mid-2026 period was relatively poor. The increase in losses in the half year under review was mainly due to the fact that the Group's afforestation project in Urumqi approved for land development was affected by recent changes in circumstances, which required impairment of advance payments for afforestation projects included in the cost account.

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