De Sheng Property (00199) Reduces Annual Loss to HK$550M, Reports Significant Financial Improvement

According to the company's announcement, De Sheng Property (00199) expects net loss not exceeding HK$550 million for the year ended March 31, 2026, down from HK$813 million in the prior year. Gross profit is projected at no less than HK$2 million, compared to a gross loss of HK$346 million in FY2025.

The group has substantially reduced its debt and cleared all bank borrowings due as of March 31, 2026. As part of business optimization, the company is pursuing strategic opportunities in artificial intelligence infrastructure and computing services, with new strategic investors bringing additional capital to strengthen its financial flexibility.