THELLOY DEV(01546) announces annual performance, shareholders' loss of approximately HK$33.5 million, a decrease of 34.82% year-on-year.

TheLLOY DEV (01546) announced its annual performance for the year ending March 31, 2026, with revenue of HKD 470 million, a year-on-year increase of 17.5%; the company's attributable loss was approximately HKD 33.5 million, a year-on-year decrease of 34.82%; basic loss per share was HKD 0.418. The announcement stated that the revenue increased by approximately 17.5% compared to the previous year. This increase was mainly due to (1) a 20% year-on-year increase in revenue from building construction services; (2) a 94.7% year-on-year decrease in revenue from design and construction services; and (3) a 10.3% year-on-year decrease in revenue from RMAA services due to merger effects from the previous year. The significant increase in revenue from building construction services was primarily due to the completion of a project during the year, while the decrease in revenue from design and construction services and RMAA services was due to the completion of several projects in progress during the year. The decrease in loss was primarily due to increased income and gross profit during the year, a reduction in losses from associated companies, and an increase in government subsidies from the Construction Industry Innovation Fund leading to an increase in other income.