Workflow
WANG ON GROUP(01222)发盈警 预期中期股东应占亏损不多于约3.6亿港元 同比盈转亏
WANG ON GROUPWANG ON GROUP(HK:01222) 智通财经网·2025-11-17 10:55

Core Viewpoint - Wang On Group (01222) anticipates a loss attributable to equity holders of approximately HKD 360 million for the six months ending September 30, 2025, compared to a profit of approximately HKD 85.8 million for the six months ending September 30, 2024 [1] Summary by Relevant Categories Financial Performance - The expected loss for the review period is primarily due to several factors, including a loss from the sale of a 20% stake in a hotel project [1] - The group's share of profits from joint ventures has decreased, mainly due to the ongoing downturn in the commercial real estate market [1] - There is a reduction in gross profit from completed residential projects [1] - The realized loss from the sale of debt investments measured at fair value through other comprehensive income has occurred during the review period, although this has been partially offset by a decrease in financing costs compared to the same period in 2024 due to lower interest rates [1]