WING ON CO(HK:00289) Zhi Tong Cai Jing·2025-08-05 08:43Group 1 - The company expects a loss attributable to shareholders of approximately HKD 150 million for the six months ending June 30, 2025, an improvement from a loss of approximately HKD 240 million for the same period in 2024 [1] - The reduction in loss is primarily due to an expected investment portfolio income of approximately HKD 219.8 million for the six months ending June 30, 2025, compared to HKD 127.8 million for the same period in 2024 [1] - The company anticipates a net loss from property valuation of approximately HKD 471 million for the six months ending June 30, 2025, compared to a loss of HKD 516 million for the same period in 2024 [1] Group 2 - The company projects a basic profit attributable to shareholders to increase by approximately 27.1% to about HKD 321 million for the six months ending June 30, 2025, compared to HKD 253 million for the same period in 2024 [1] - The expected investment portfolio income is mainly derived from the revaluation of securities held for trading and gains from the sale of these securities [1] - The company anticipates a decrease in investment property income of approximately 17.1% to about HKD 160 million for the six months ending June 30, 2025, down from HKD 193.4 million for the same period in 2024, due to weak demand for office space [2] Group 3 - The company expects a loss of approximately HKD 38.5 million from its department store business for the six months ending June 30, 2025, compared to a loss of HKD 27 million for the same period in 2024 [2] - The increase in department store losses is attributed to changes in consumer behavior among Hong Kong residents, as well as increased overseas travel and cross-border shopping [2]