LAI SUN INT'L released its annual performance report, with a loss attributable to shareholders of HKD 1.676 billion, a year-on-year narrowing of 22.71%
LAI SUN INT'L released its annual results for the year ending July 31, 2025, with a turnover of HKD 4.996 billion, a year-on-year decrease of 18.05%. The loss attributable to shareholders was HKD 1.676 billion, a year-on-year narrowing of 22.71%, with a basic loss per share of HKD 1.897. The narrowing of the loss was mainly due to a reduction in impairment, a decrease in depreciation, a reduction in fair value losses on investment properties, and lower financing costs, although part of the loss reduction was offset by increased losses from property sales and joint ventures
According to the Zhitong Finance APP, LAI SUN INT'L (00191) announced its annual performance for the year ending July 31, 2025. The group achieved a revenue of HKD 4.996 billion during the period, a year-on-year decrease of 18.05%; the loss attributable to shareholders was HKD 1.676 billion, a year-on-year narrowing of 22.71%; basic loss per share was HKD 1.897.
The announcement stated that the narrowing of the loss attributable to shareholders was mainly 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 as well as right-of-use assets due to impairment losses on such assets in the previous fiscal year; (iii) a decrease in fair value losses on investment properties; and (iv) a reduction in financing costs. This reduction in loss was offset by decreased contributions from the property sales of Li Fung Group and the film and television program segment, along with an increase in losses from joint ventures
