TAN CHONG INT'L (00693.HK): Expected Unrealised Investment Loss of HK$512 Million for First Half Due to Share Price Movements of Listed Investments
NewTimeSpace News: TAN CHONG INT'L (00693.HK) announced on 10 July that the Group expects to record an unaudited unrealised investment loss of approximately HK$512 million for the six months ended 30 June 2026, compared with an unrealised loss of HK$37 million in the same period last year. The loss arises from mark-to-market fluctuations of listed investments. Being unrealised, it will be recognised in other comprehensive income and will not flow through the consolidated statement of profit or loss. The figures are subject to further adjustments and the interim results will be published by end-August 2026.
NewTimeSpace News: On 10 July 2026, TAN CHONG INT'L (00693.HK) issued an inside information announcement. Based on preliminary review and assessment, the Group expects to record an unaudited unrealised loss of approximately HK$512 million on investments designated at fair value through other comprehensive income for the six months ended 30 June 2026, versus an unrealised loss of HK$37 million for the corresponding period last year.
The loss is attributable to share price movements of listed investments measured on a mark-to-market basis. As such, it is unrealised and will be presented in the statement of other comprehensive income for the period without being classified into the consolidated statement of profit or loss.
The Group is in the process of preparing its consolidated interim results. Information contained in this announcement has not been confirmed or audited by the auditors and is subject to subsequent adjustments. Detailed financial performance is expected to be set out in the interim results announcement to be published by the end of August 2026.
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