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Wing Lee Development Construction Holdings Limited ( (HK:9639) ) just unveiled an announcement.
Wing Lee Development Construction Holdings Limited announced an expected decline in profit for the six-month period ending September 30, 2025, with profits not exceeding HK$20 million, a 47% decrease from the previous year’s HK$37.54 million. This decline is attributed to increased expenses in the new energy sector and the completion of certain construction projects, with new projects still in early stages. Despite the short-term profit dip, the company anticipates these projects will support long-term growth, laying a strong foundation for future success.
The most recent analyst rating on (HK:9639) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Wing Lee Development Construction Holdings Limited stock, see the HK:9639 Stock Forecast page.
More about Wing Lee Development Construction Holdings Limited
Wing Lee Development Construction Holdings Limited is a company incorporated in the Cayman Islands, focusing on construction and new energy business. It operates within the construction industry, providing services related to various construction projects.
Average Trading Volume: 3,816,774
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$1.39B
See more data about 9639 stock on TipRanks’ Stock Analysis page.