DevGreat forecasts HK$12.00 million interim profit, reversing prior HK$16.00 million loss

Bulletin Express
Aug 18

DevGreat Group Limited has issued a positive profit alert, signaling a turnaround for the six months ended 30 June 2026. Management expects profit attributable to owners to reach approximately HK$12.00 million, compared with a HK$16.00 million loss in the same period of 2025—a swing of about HK$28.00 million.

The projected improvement is driven by two primary factors: 1. Administrative expenses were cut by roughly HK$8.00 million. 2. Other income increased by about HK$18.00 million versus the prior-year period.

These figures are derived from an unaudited, preliminary review of the Group’s management accounts. Full interim results will be released after review by the audit committee and external auditors.

The Board advises shareholders and potential investors to exercise caution when dealing in the company’s shares.

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