Lai Sun Garment Subsidiary Lai Fung Holdings Warns of Over 50% Increase in Annual Losses

Reuters
2025/10/14
<a href="https://laohu8.com/S/LGRTY">Lai Sun Garment</a> Subsidiary <a href="https://laohu8.com/S/LFHLF">Lai Fung</a> Holdings Warns of Over 50% Increase in Annual Losses

Lai Sun Garment (International) Limited announced that its subsidiary, Lai Sun Development Company Limited, and LSD's 55.08%-owned subsidiary, Lai Fung Holdings Limited, expect a significant increase in consolidated loss attributable to owners of Lai Fung for the year ended 31 July 2025. The loss is anticipated to rise by no less than 50% compared to the previous year's HK$267.7 million, mainly due to reduced property sales and fair value losses on investment properties.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lai Sun Garment (International) Limited published the original content used to generate this news brief on October 14, 2025, and is solely responsible for the information contained therein.

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