DEVGREAT (00755) expects that the shareholder's loss for the year 2025 will narrow by no less than HKD 65 million compared to the previous year.
Da Feng Guang Rui De (00755) announced that the expected net loss attributable to owners of the company for the year ending December 31, 2025 is expected to be no less than HK$65 million, while the net loss attributable to owners of the company for the year ending December 31, 2024 was approximately HK$803 million.
DEVGREAT (00755) announced that the expected attributable loss of the company's owners of the Group for the year ended December 31, 2025, is expected to be no less than HK$65 million, while the attributable loss of the company's owners for the year ended December 31, 2024, was approximately HK$803 million.
Based on the preliminary review of the Group's management accounts and the information currently available to the company, the main reason for the expected decrease in the attributable loss of the company's owners for the reporting period compared to the previous reporting period is a decrease in the financial guarantee provision of approximately HK$431 million and a decrease in the fair value of investment properties of approximately HK$380 million (previous reporting period: financial guarantee provision of approximately HK$431 million and fair value of investment properties decrease of approximately HK$402 million).
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