Legend Upstar (00459.HK) announced on August 26th that as of June 30, 2024, it achieved revenue of 0.202 billion Hong Kong dollars, a decrease of 12.6% year-on-year; the profit attributable to equity shareholders of the company was 9.504 million Hong Kong dollars, a decrease of 45.7% year-on-year; basic earnings per share was 0.526 Hong Kong cents.

The announcement stated that the group's profit decline was mainly due to the poor performance of the property market in the mid-term period, when there were no property sales or unsatisfactory performance in the non-residential property market in Hong Kong. As of June 30, 2023, capital gains realized from property investments amounted to approximately 7 million Hong Kong dollars. During the mid-term period, trading volumes in the three major sectors of industrial buildings, shops, and office buildings all decreased.