Golden res dev Limited has announced that for the six months ending September 30, 2024, the group may record a loss attributable to shareholders of approximately 46 million HKD, in stark contrast to the profit attributable to shareholders of approximately 82.3 million HKD in the same period of 2023. This profit warning is mainly due to a loss of approximately 13.9 million HKD from the revaluation of investment properties, as well as an increase in selling and distribution costs of about 16.5 million HKD, although tax expenses have decreased by approximately 24.2 million HKD compared to the same period last year. The company's board of directors stated that these figures are preliminary assessments and have not been reviewed or audited by auditors, and the final figures may be adjusted. The company will announce its unaudited interim results at the end of November 2024. The board of directors advises shareholders and potential investors to act with caution when trading shares.

Golden res dev Limited has announced that for the six months ending September 30, 2024, the group may record a loss attributable to shareholders of approximately 46 million HKD, in stark contrast to the profit attributable to shareholders of approximately 82.3 million HKD in the same period of 2023. This profit warning is mainly due to a loss of approximately 13.9 million HKD from the revaluation of investment properties, as well as an increase in selling and distribution costs of about 16.5 million HKD, although tax expenses have decreased by approximately 24.2 million HKD compared to the same period last year. The company's board of directors stated that these figures are preliminary assessments and have not been reviewed or audited by auditors, and the final figures may be adjusted. The company will announce its unaudited interim results at the end of November 2024. The board of directors advises shareholders and potential investors to act with caution when trading shares.