Jinyuan Development International Industrial (00677) made a profit. It is expected that profit attributable to shareholders in the medium term was about HK$56.3 million, turning a year-on-year loss into a profit

According to the Zhitong Finance App, Jinyuan Development International Industrial (00677) issued an announcement. It is anticipated that the Group may obtain shareholders' profit of about HK$56.3 million for the six months ending September 30, 2026. Compared with the same period in 2025, it will obtain losses attributable to shareholders of about HK$24.7 million.

The Board believes that the expected conversion of loss to profit is mainly a combination of the following reasons: an increase in gross profit of approximately HK$9.6 million; an investment property revaluation surplus of approximately HK$8.7 million for the six months ended September 30, 2026, compared with an investment property revaluation loss of approximately HK$5 million in the same period in 2025; a reduction in overall management costs and sales and distribution costs of approximately HK$19.1 million; and a reduction in impairment losses of right-to-use assets and equipment by approximately HK$25.3 million.