Great Wall Pan Asia Holdings (00583) is forecasting a comprehensive loss due to shareholders of approximately HK$349 million to HK$386 million in the interim

According to the Zhitong Finance App, Great Wall Asia Holdings (00583) announced that the Group expects to obtain a comprehensive loss attributable to unaudited shareholders of approximately HK$349 million to HK$386 million for the six months ending June 30, 2026, and an unaudited basic loss per share of approximately HK$22.27 to HK$2,462, while the consolidated loss attributable to unaudited shareholders for the six months ended June 30, 2025 was HK$280 million and an unaudited basic loss of HK17.86 cents per share. Compared with the same period in 2025, the expected loss for the reporting period is mainly due to the expected revaluation of the Group's investment properties to generate a fair value loss of about HK$320 million to HK$334 million on June 30, 2026, while the Group obtained a fair value loss of about HK$89 million for investment properties on June 30, 2025.

Affected by the continuing downturn in the Hong Kong real estate market, the assessed value of the Group's investment properties (mainly composed of commercial properties) declined. Notwithstanding the above situation, since the revaluation gains/losses are non-cash, and investment properties held by the Group are long-term investment projects to obtain stable and recurring rental income and return on investment, this will not have a significant impact on the Group's operating cash flow, and the Group's overall financial and business conditions will remain stable.