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Huaxin Real Estate Finance (00252) expects the interim results to turn a year-on-year loss into a profit of not less than HK$20 million
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According to the Zhitong Finance App, Huaxin Real Estate Finance (00252) announced that the group is expected to make a profit of not less than HK$20 million for the six months ending September 30, 2026, and a loss of about HK$31 million for the same period in 2025. The conversion of loss into profit was mainly due to (1) the improvement in the performance of the production and distribution segment of plastic packaging materials due to the cost-plus pricing strategy adopted in advance in response to the escalation of geopolitical tension in the Middle East during the reporting period; and (2) profit from changes in the fair value of investment properties during the reporting period, which resulted in losses due to changes in the fair value of investment properties compared to the previous reporting period.


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