[ET Net News Agency, 3 December 2019] Melbourne Enterprises Limited (00158) said the
group is expected to record a substantial loss for the year ended 30 September 2019, as
compared with a profit of approximately HK$2,298.6 million attributable to shareholders
for the year ended 30 September 2018.
Such loss was mainly due to a fair value loss on investment properties of the group as
compared to a fair value gain on such properties for the year ended 30 September 2018,
which fair value loss was attributable to the revaluation of the group's investment
properties as at 30 September 2019. (RC)