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Wing On Co. International Ltd. ( (HK:0289) ) has provided an announcement.
Wing On Company International Ltd. reported its interim results for the six months ending June 30, 2025, revealing a decrease in revenue to HK$416,238,000 from HK$479,998,000 in the previous year. Despite a profit from operations of HK$355,043,000, the company faced a net valuation loss on investment properties of HK$470,513,000, leading to a loss before taxation of HK$119,221,000. The total comprehensive income for the period improved to HK$53,662,000, compared to a loss of HK$327,177,000 in 2024, due to gains in other comprehensive income.
The most recent analyst rating on (HK:0289) stock is a Hold with a HK$12.50 price target. To see the full list of analyst forecasts on Wing On Co. International Ltd. stock, see the HK:0289 Stock Forecast page.
More about Wing On Co. International Ltd.
Wing On Company International Ltd. operates in the retail and property leasing industry, primarily focusing on department store sales and property leasing activities. The company is incorporated in Bermuda and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 26,445
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.66B
For detailed information about 0289 stock, go to TipRanks’ Stock Analysis page.