Texhong Textile Group (00199.HK): Significant reduction in losses for the 2026 fiscal year, significant financial improvement, AI infrastructure layout opens up new opportunities.

date
22/06/2026
Financial news from Wisdom Financial APP, Dexiang Real Estate (00199.HK) announced that as of the end of the year on March 31, 2026, the group's operating fundamentals continue to improve, with a gross profit of not less than 2 million Hong Kong dollars. The group has continued to optimize its asset and liability structure, with a significant decrease in the asset-liability ratio. All bank loans due on March 31, 2026 have been repaid, and relevant impairment and fair value adjustments related to the group's existing property development and investment businesses have been largely confirmed, which is expected to limit the impact of historical property-related adjustments on the group's future financial performance to a certain extent. The Board of Directors believes that the measures taken by the group in the current year have effectively addressed the main factors that have led to uncertainty in the group's financial condition in past periods.