Headline net property income fell 12.3% to £9.1 million, but that drop reflected one-off items received in the prior-year quarter. On a like-for-like basis, adjusted net property income rose 4%. Net profit fell 33.1% to HK$111.4 million. A HK$48.4 million net loss tied to its Trio AI investment drove most of that decline. The group holds a net cash position of HK$1.21 billion.