DevGreat flags sharply narrower 2025 loss on lower provisions and valuation hits

An announcement from Shanghai Zendai Property Ltd. ( (HK:0755) ) is now available.

DevGreat Group Limited has warned investors that it expects to post a loss attributable to shareholders of at least HK$65 million for the year ended 31 December 2025, a sharp improvement from the HK$803 million loss recorded a year earlier. The board attributes this substantial narrowing of losses mainly to a reduced impact from provisions for financial guarantees and a smaller decline in the fair value of its investment properties during the latest reporting period.

Management’s preliminary review indicates an approximate HK$738 million year-on-year reduction in losses, signalling a notable easing of the financial pressures that weighed on the group in 2024. While the figures remain unaudited and subject to change when full annual results are released, the update suggests a stabilising financial position and may influence investor sentiment, though the company has urged shareholders and potential investors to exercise caution when trading its shares.

The most recent analyst rating on (HK:0755) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Shanghai Zendai Property Ltd. stock, see the HK:0755 Stock Forecast page.

More about Shanghai Zendai Property Ltd.

DevGreat Group Limited is a Bermuda-incorporated company listed on the Hong Kong stock exchange. The group operates through various subsidiaries, though the announcement focuses on its financial performance rather than detailing specific business segments or product lines. Its shareholder base includes public investors who are sensitive to changes in reported earnings.

Average Trading Volume: 39,157

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$62.49M

Learn more about 0755 stock on TipRanks’ Stock Analysis page.