On the other hand, the losses were partially mitigated by share of net operating profit of $14.9 million and fair value gains of $11.5 million from Metro's associates and joint ventures in UK, Australia and Singapore.
Metro Holdings, weighed down by impairment losses from its investments in China's real estate sector, has reported a loss of $224.7 million for FY2025, versus earnings of $14.6 million in the year-earlier ended March 31 2024.
Specifically, Metro booked a loss of $105.4 million from its 20.5%-held associate Top Spring International Holdings, which is listed in Hong Kong.
