According to the Zhitong Finance App, Taixing Real Estate (00277) announced that the group expects to make losses attributable to the owners of the company in the six months ending September 30, 2026, and a profit of about HK$14.6 million for the same period in 2025.

According to the announcement, the shift in expected interim results from profit to loss is mainly due to (i) the significant increase in fair value loss of the Group's investment properties to approximately HK$54.5 million during the period, compared to approximately HK$1.9 million in the previous period; and (ii) the Group's associated companies' performance share decreased to a loss of approximately HK$2.1 million, compared to approximately HK$1.4 million in the previous period; (iii) the Group offset these losses. The Group's net impairment loss provision was reduced to about HK$200,000 through other comprehensive income debt instruments listed at fair value. The loss for the previous period was approximately HKD 14.3 million yuan.

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