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CAPITAL ESTATE (00193.HK) appoints Yang Weihong as an independent non-executive Director.
Gelonghui, April 11, announced that CAPITAL ESTATE (00193.HK) has appointed Yang Weixiong as the company's Independent Non-Executive Director effective April 11, 2025.
CAPITAL ESTATE: Interim Report 2024/25
CAPITAL ESTATE: INTERIM RESULTSSIX MONTHS ENDED 31 JANUARY 2025
Capital Estate to Swing to Six-Month Loss
Capital Estate Limited Schedules Board Meeting for Interim Results
CAPITAL ESTATE (00193.HK) expects to report a loss in the interim period, reversing from a profit.
According to a March 17 announcement from Gelonghui, CAPITAL ESTATE (00193.HK) expects to report a loss attributable to equity holders of not less than 7 million Hong Kong dollars for the six-month period ending January 31, 2025, compared to a profit of 6.3 million Hong Kong dollars in the same period last year. The swing from profit to loss is mainly due to a fair value loss of more than 6 million Hong Kong dollars in the group's financial investment portfolio (compared to a fair value gain of 2.2 million Hong Kong dollars in the same period last year) and a decrease in share of profits from an associate company from 8.9 million Hong Kong dollars in the same period last year to below 4 million Hong Kong dollars.