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