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Wai Kee Holdings Limited ( (HK:0610) ) has issued an update.
Wai Kee Holdings Limited has issued a profit warning, anticipating a significant increase in its unaudited consolidated loss for the first half of 2025, estimated between HK$800 million and HK$900 million. This increase is primarily due to the substantial losses reported by its associate, Road King Infrastructure Limited, which has been affected by a sluggish property market and challenging operating conditions in Mainland China and Hong Kong. Despite these challenges, Wai Kee Holdings expects a slight improvement in other segments, including construction and quarrying, which may partially offset the losses.
More about Wai Kee Holdings Limited
Wai Kee Holdings Limited is a company incorporated in Bermuda with limited liability, operating in the construction, sewage treatment, steam fuel, property development, investment, toll road, investment, and asset management sectors. Its market focus includes Hong Kong and Mainland China, with key subsidiaries such as Build King Holdings Limited and Road King Infrastructure Limited.
Average Trading Volume: 266,595
Technical Sentiment Signal: Sell
Current Market Cap: HK$539.3M
See more data about 0610 stock on TipRanks’ Stock Analysis page.