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] 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 resulting in a loss on sale [1] - There is a noted decrease in profit contribution from joint ventures, largely due to the ongoing downturn in the commercial real estate market [1] - The gross profit from completed residential projects is also expected to decline [1] - The company recorded realized losses from the sale of debt investments measured at fair value through other comprehensive income during the review period, although this was partially offset by reduced financing costs due to lower interest rates compared to the same period in 2024 [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...