Thelloy Development (1546) Announces Larger Interim Net Loss

Bulletin Express
2025/11/21

According to an announcement released by Thelloy Development Group Limited (1546), the company’s board disclosed that a preliminary review indicates an expected net loss of not more than HK$17.0 million for the six months ended 30 September 2025, compared with a net loss of approximately HK$13.8 million for the same period in 2024.

The increase is primarily attributed to a rise in share of losses from a joint venture, related to the disposal of two subsidiaries by that joint venture. The company noted that its unaudited interim results are still under review and subject to potential adjustments. The final announcement is anticipated by the end of November 2025. Shareholders and potential investors are advised to exercise caution when trading the company’s shares.

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