TOP SPRING (03688) issues profit warning, expecting a net loss of HKD 3 billion for the year 2025.

19:42 29/03/2026

Lai Sun International (03688) announced that the Group is expected to incur a net loss of approximately HK$3 billion for the year ending December 31, 2025, compared with a net loss of approximately HK$1.9 billion for the year 2024. The Board of Directors believes that the expected increase in net loss is mainly due to fair value losses on investment properties, fair value losses on certain financial assets measured at fair value through profit or loss, and impairment losses on certain inventories.

TOP SPRING (03688) announces that compared to a net loss of approximately 1.9 billion Hong Kong dollars in the fiscal year 2024, the group expects to incur a net loss of 3 billion Hong Kong dollars for the fiscal year ending on December 31, 2025. The Board believes that the expected increase in net loss is mainly due to fair value losses on investment properties, fair value losses on certain financial assets accounted for at fair value through profit or loss, and impairment losses on certain inventories.

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