Lai Sun Dev (00488) announced its annual results for the year ending July 31, 2025, reporting a turnover of HK$4.899 billion, a decrease of 18.3% year-on-year. The shareholders' loss attributable to the company stood at HK$2.874 billion, narrowing by 21.8% compared to the previous fiscal year, resulting in a basic loss per share of HK$1.978. The reduction in net loss attributable to shareholders during the period was primarily due to (i) a decrease in impairment of properties, plants, and equipment, as well as right-of-use assets; (ii) a reduction in depreciation of properties, plants, and equipment, and right-of-use assets as a result of previous fiscal year's impairment losses on such assets; (iii) reduced fair value losses on investment properties; and (iv) a decrease in financing costs. However, this narrowing of loss was offset by decreased contributions from Lai Fung Group's property sales and the film and television program segment, along with an increase in losses attributable to joint ventures.