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Wing On flags sharply reduced 2025 loss as investment gains offset property and retail headwinds

Story Highlights
  • Wing On expects its 2025 shareholder loss to shrink sharply, aided by smaller property valuation hits and stronger investment portfolio gains.
  • Underlying profit is seen rising over 40% despite weaker rental income and deeper department store losses amid soft office and retail demand.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wing On flags sharply reduced 2025 loss as investment gains offset property and retail headwinds

Meet Samuel – Your Personal Investing Prophet

An update from Wing On Co. International Ltd. ( (HK:0289) ) is now available.

Wing On Company International Ltd. has issued a profit alert indicating it expects to narrow its loss attributable to shareholders to about HK$328.5 million for 2025, down from HK$919.1 million in 2024, driven mainly by a smaller valuation loss on its investment properties and a stronger gain of roughly HK$454.9 million from its investment portfolio. Underlying profit, excluding property valuation losses and related deferred tax, is projected to climb about 42.6% to HK$612.2 million, though rental income from properties in Hong Kong and Melbourne is set to fall around 19.1% amid weak office demand, and its Hong Kong department stores are expected to deepen their loss as lower foot traffic and subdued consumer spending weigh on the retail business.

The announcement underscores a mixed operating picture in which investment performance and reduced fair-value hits support earnings even as core rental and retail operations remain pressured, highlighting the group’s sensitivity to property market cycles and Hong Kong’s challenging retail environment. Investors are cautioned that the figures are based on unaudited management accounts ahead of the formal 2025 annual results, which are scheduled for release in late March 2026, and may influence sentiment toward the stock as the market weighs improved underlying profitability against ongoing structural headwinds in office leasing and discretionary consumption.

The most recent analyst rating on (HK:0289) stock is a Hold with a HK$14.50 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., incorporated in Bermuda and listed in Hong Kong, operates a portfolio of investment properties in Hong Kong and Melbourne alongside a department store business in Hong Kong. The group earns rental income from office and retail properties and remains exposed to fluctuations in commercial real estate demand and local retail conditions.

Average Trading Volume: 29,197

Technical Sentiment Signal: Buy

Current Market Cap: HK$4.04B

For detailed information about 0289 stock, go to TipRanks’ Stock Analysis page.

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