Deson Development Reports Increase in Revenue to HK$135.5M for 2025, Despite Net Losses in Fair Value Investments

Reuters
06/26
Deson Development Reports Increase in Revenue to HK$135.5M for 2025, Despite Net Losses in Fair Value Investments

Deson Development International Holdings Limited has announced its consolidated results for the fiscal year ending March 31, 2025. The company reported a revenue of HK$135.468 million, up from HK$128.074 million in the previous year. Despite the increase in sales, the company experienced a loss before tax of HK$61.641 million, compared to a loss before tax of HK$66.070 million in the previous year. The gross profit improved significantly to HK$57.517 million from HK$42.902 million. However, administrative expenses rose to HK$83.578 million from HK$77.298 million, and fair value losses on investment properties and equity investments also impacted the results, amounting to HK$14.094 million and HK$13.684 million, respectively. The company's outlook or guidance for the upcoming period was not included in the announcement.

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. Deson Development International Holdings Limited published the original content used to generate this news brief on June 26, 2025, and is solely responsible for the information contained therein.

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