00483.HK announced on 14 September that the Group is expected to make a net profit of approximately HK $5 million to HK $55 million for the six months ended 30 September 2021, while a net loss of approximately HK $37.6 million for the six months ended 30 September 2020.
The satisfactory results are mainly due to the combined impact of: (I) a gain of approximately HK $33.7 million on the sale of properties related to the disclosed transaction announced on 3 June 2021 and completed on 31 August 2021; and (ii) a gain of approximately HK $20 million to HK $21 million on the sale of a wholly owned subsidiary of a company related to the disclosed transaction announced on 14 September 2021 and expected to be completed on 30 September 2021.