Green Heart Group (00094.HK): Net loss expected to decrease by at least 45% by 2025

NightAirdropper · 2026-02-28T02:48:00+00:00

Green Heart Group expects its annual net loss as of December 31, 2025, to decrease by no less than 45%. The main reasons include gains from the fair value of New Zealand plantation assets, costs related to the sale, and losses from the termination of operations in the Suli Nan division.

NightAirdropper

2026-02-28 02:48:00

Abstract generation in progress

Gelonghui, February 26 — Green Heart Group (00094.HK) announced that the group expects to record a net loss of no less than 45% less than last year for the fiscal year ending December 31, 2025.

The main reasons for the decrease in attributable net loss to shareholders are the combined effects of the following factors: (i) Fair value gains related to New Zealand plantation assets of approximately HKD 35.4 million (2024: loss of HKD 65.8 million). The fair value gains mainly reflect the premium included in the offer price from the buyer for the plantation assets in the very significant sale announced on September 10, 2025. (ii) For the fiscal year ending December 31, 2025, approximately HKD 2.6 million of costs related to the sale of New Zealand plantation assets and land in the very significant sale (2024: none); and (iii) a loss of about HKD 88.8 million caused by the termination of the Sulinan division operations (2024: HKD 73.8 million).

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