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Welife Technology Limited ( (HK:1703) ) has provided an announcement.
Welife Technology Limited has issued a positive profit alert, reporting significant improvements in revenue and profit for the interim reporting period ending September 30, 2025. The company attributes this growth to the successful implementation of new restaurant concepts and efficient cost management. Additionally, Welife has signed a tenancy agreement for a new traditional Chinese restaurant in Kwun Tong, expected to commence operations in mid-August 2025, further strengthening its market position.
More about Welife Technology Limited
Welife Technology Limited operates in the restaurant industry, focusing on traditional Chinese and Eastern-Western fusion cuisines. The company manages several dining establishments in Hong Kong, including Cha Chaan Teng, and is expanding its market presence with new restaurant openings.
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$55.2M
For a thorough assessment of 1703 stock, go to TipRanks’ Stock Analysis page.