According to the Zhitong Finance App, Guanzhong Real Estate (00193) announced the results for the year ended July 31, 2026. The owner of the company should have accounted for a loss of HK$3.08 million, an increase of 116.48% over the previous year; a loss of HK12.9 cents per share.

According to the announcement, the increase in losses was mainly due to (i) a negative reversal in the performance of an associated company that should account for the same period in 2025, from a profit of HK$5 million to a loss of HK$6.3 million. This was due to a decrease in rent and other service income related to the hotel business and a decrease in the fair value of investment properties held by the associated company; and (ii) a slowdown in group property sales.

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