NANYANG HOLD (00212.HK) issued a profit warning, expecting a net loss of approximately 44 million yuan for the six months ending June 30, 2024, compared to a net profit of 0.126 billion yuan for the same period last year. The main reason for the loss is due to the fair value loss on investment properties during the period, compared to the fair value gain on investment properties for the same period in 2023. If the net impact of investment properties (including those owned by a joint venture) is not accounted for, a net profit of 99 million yuan was recorded in the first half of the year. (CA/K)

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