Core Viewpoint - Wang On Group (01222.HK) anticipates a significant loss for the six months ending September 30, 2025, amounting to no more than approximately HKD 360 million, contrasting with a profit of approximately HKD 85.8 million for the same period in 2024 [1] Summary by Relevant Categories Financial Performance - The expected loss for the upcoming period is primarily attributed to several factors, including the sale of a 20% stake in a hotel project joint venture, which resulted in a loss on sale [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 during the review period [1] - The group also incurred realized losses from the sale of debt investments measured at fair value through other comprehensive income, although this was partially offset by a decrease in financing costs compared to the same period in 2024 due to lower interest rates [1]
WANG ON GROUP(01222.HK)盈警：预期中期母公司权益持有人应占亏损不多于约3.6亿港元