Core Viewpoint - Fengde Li Holdings (00571.HK) expects a significant reduction in its consolidated loss attributable to owners for the fiscal year ending July 31, 2025, compared to the previous fiscal year ending July 31, 2024, with an anticipated loss of approximately HKD 510 million, representing a decrease of not less than 95% [1] Financial Performance - The expected consolidated loss for the fiscal year ending July 31, 2025, is approximately HKD 510 million, which is a substantial improvement from the previous year's loss [1] - The reduction in loss is attributed to several factors, including the reversal of impairment losses on right-of-use assets and property, plant, and equipment, which had previously incurred significant impairment losses in the last fiscal year [1] - Depreciation on right-of-use assets and property, plant, and equipment has decreased due to the prior year's impairment losses [1] - Successful negotiations with landlords for rent reductions and rent restructuring have led to increased rental income [1]
丰德丽控股(00571.HK)盈喜:预计年度亏损同比收窄不少于95%