Thelloy Development Group Limited announced that, based on preliminary unaudited figures, the Group expects to record a net loss of no more than HK$35.00 million for the financial year ended 31 March 2026. This represents a significant improvement from the HK$51.40 million loss reported for the year ended 31 March 2025.

Management attributed the reduced loss to three factors: 1. Higher revenue and gross profit during the period; 2. A decline in the share of losses from joint ventures; 3. Increased other income derived from the Construction Innovation and Technology Fund.

The figures are derived from draft consolidated management accounts that have neither been audited nor reviewed by the audit committee. Final audited results are scheduled for release by the end of June 2026.

Shareholders and potential investors are advised to exercise caution when trading the Company’s shares until the audited results are published.