DEVGREAT GROUP LIMITED (00755.HK): Expected Turnaround to Profit in First Half, Profit of Approximately HK$12 Million

NewTimeSpace News: On August 18, 2026,DEVGREAT GROUP LIMITED(00755.HK) issued a positive profit alert stating that, based on a preliminary review of management accounts, it expects to record a profit attributable to owners of the company of approximately HK$12 million for the reporting period, versus a loss of approximately HK$16 million in the same period last year, achieving a turnaround from loss to profit.

The announcement indicated that the turnaround from loss to profit was primarily attributable to a reduction in administrative expenses of approximately HK$8 million compared with the same period last year, as well as an increase in other income of approximately HK$18 million compared with the same period last year.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.