DEVGREAT Anticipates Mid-Year Profit of Approximately HK$12 Million, Reversing Prior Loss
Stock News
Aug 18
DEVGREAT (00755) has released a positive profit alert, indicating that the group expects to record a profit attributable to company owners of approximately HK$12 million for the six months ending June 30, 2026. This contrasts with a loss attributable to company owners of about HK$16 million recorded for the same period in the previous year, marking a notable turnaround.
The primary drivers behind this shift from loss to profit during the reporting period are twofold: first, administrative expenses decreased by roughly HK$8 million compared to the prior reporting period; second, other income increased by approximately HK$18 million during the same comparative timeframe.
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