According to the Zhitong Finance App, Lai Sun International (00191) announced its annual results for the year ended July 31, 2026, with a turnover of HK$5.165.6 billion, up 3.4% year on year; net loss attributable to company owners was HK$1,389.5 million, a year-on-year decrease of 17.1%; and a basic loss of HK$1.573 per share.

During the period, net losses attributable to company owners narrowed year-on-year, mainly due to (i) an increase in the Group's revenue; (ii) the deduction of developing properties in Hong Kong, China in the previous year; and (iii) loss of fair value and reduction in operating losses for joint venture properties. However, the decrease in net loss was partially offset by losses due to the sale by Lifeng Group of a housing building (T1) in Hengqin Innovation Phase II and the elimination of Hengqin Innovation Phase II properties (mainly T3) during the year under review, as well as losses in fair value of the Group's investment properties and other increases in operating expenses.

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