DEEP SOURCE (00990) Announces Fiscal 2025 Results: Profit Attributable to Owners Surges 142.9% to HK$720 Million

Stock News
Mar 31

DEEP SOURCE (00990) has released its annual results for the period ended December 31, 2025. The company reported revenue of HK$21.352 billion, representing a decrease of 47.8% compared to the previous year. Profit attributable to owners of the company was HK$720 million, marking a significant increase of 142.9% year-on-year. Basic earnings per share stood at 5.18 HK cents. The rise in net profit for the period was primarily driven by the stable development of the Group's existing distribution, trading, and processing segments, as well as its financial services segment. An increase in the share of profits of associates and a provision for losses of approximately HK$167 million made in the corresponding period of the previous year for alleged misappropriation of funds at a Singapore non-wholly-owned subsidiary also contributed. No such provision for losses was recognized in the current financial year.

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