Itali Holdings (00720) announced that the Group expects the year ending December 31, 2023 to obtain...
According to the Zhitong Finance App, Itali Holdings (00720) announced that the Group expects to obtain a comprehensive loss attributable to the company owner of about HK$177 million to HK$187 million for the year ended December 31, 2023, and a comprehensive loss attributable to the company owner of about HK$63.4 million for the year ended 31 December 2022. The expected comprehensive loss due to unfavorable market conditions during the period was about HK$121 million in unrealized fair value losses of the Group's investments in an associated company measured at fair value through profit and loss; and about HK$53 million in unrealized fair value losses for investment properties during the period. The fair value loss in question is of a non-cash nature.