Daisheng Real Estate (00089) is expected to turn a year-on-year consolidated profit of approximately HK$58 million into profit for the medium term

Zhitong Finance App News, Daisheng Real Estate (00089) issued an announcement. The Company predicts that for the six months ending June 30, 2026, the Group may record a comprehensive profit of about HK$58 million, compared with a comprehensive loss of HK$205 million for the same period in 2025, mainly due to fair value profits from investment properties, and fair value losses of investment properties over the same period last year; and for the six months ended June 30, 2026, a basic profit of HK$1 million, compared with a base loss of HK$8.9 million for the same period in 2025, mainly due to reduced interest expenses and a base loss of HK$8.9 million from hotels This is due to an increase in operating income.