YT Realty Group (HK:0075) has released an update.
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Y. T. Realty Group Limited has announced a forecasted profit ranging between HK$10 million to HK$20 million for the first half of 2024, signaling a significant recovery from a HK$117.1 million loss in the same period last year. This positive shift is primarily due to increased property sales revenue and reduced revaluation losses on investment properties, despite some impairment losses on property development projects. Investors are cautioned to trade shares prudently as detailed financial results are pending and will be revealed on 29 August 2024.
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