According to the announcement, the reduced loss was due to the following factors: the investment property's fair value decreased by approximately 0.111 billion Hong Kong dollars due to the negative impact of the 2019 Coronavirus Disease (COVID-19) pandemic; during this reporting period, a provision of approximately 76.2 million Hong Kong dollars was made for guarantee contracts provided by the direct holding company of Guangzhou Shopping Center and Jinzhou Shopping Center to banks in China for third-party loans, which were not disclosed to the group when the group acquired the holding company of the two shopping centers; and the related financial costs of approximately 77.3 million Hong Kong dollars during this reporting period were due to the acquisition of Guangzhou Shopping Center and an associated bank loan of approximately 1.345 billion yuan.

Smartlink Financial News App, Tai United Holdings (00718) announced its mid-term performance for 2024, with a profit of 59.887 million Hong Kong dollars, a year-on-year decrease of 39.9%. The loss attributable to owners of the company is approximately 0.252 billion Hong Kong dollars, a year-on-year narrowing of 61.93%; a loss per share of 4.79 Hong Kong cents.