CHINESE EST H (00127) has announced that the group anticipates a potential reduction in losses of 75% to 85% for the year 2025, while revenue is expected to decrease by 5% to 15%. For the year 2024, revenue was HK$337 million, and the net loss attributable to the company's owners was HK$2.108 billion. According to the announcement, the primary reasons for the decrease in both revenue and losses are as follows: the revenue decline is mainly due to a reduction in total rental income; the decrease in losses is primarily attributed to a reduction in the fair value loss on investment properties. The group's investment properties were revalued as of December 31, 2025, resulting in a fair value loss for the current year. The reduction in the fair value loss for the current year is mainly attributable to properties located in Hong Kong. Unrealized fair value changes are non-cash items and do not impact the group's cash flow.