Wing On Narrows 2025 Net Loss as Property Valuation Hit Eases Despite Lower Revenue

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

Wing On Company International reported a decline in revenue to HK$851.97 million for 2025 from HK$946.23 million in 2024, reflecting softer department store sales and modestly higher costs in its property leasing activities. Other revenue and gains remained significant, helping lift profit from operations to HK$682.76 million, up from HK$520.73 million a year earlier.

Despite stronger operating performance, the group posted a net loss of HK$328.30 million for 2025, substantially narrower than the HK$923.34 million loss in 2024, mainly due to a smaller but still large net valuation loss of HK$961.99 million on its investment properties. Total comprehensive loss improved sharply to HK$76.32 million from HK$1.25 billion, indicating stabilising property valuations and currency translation effects, which may ease pressure on shareholders after two years of heavy fair-value driven losses.

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. is a Bermuda-incorporated investment holding company listed in Hong Kong, with core operations in department store retailing and property leasing. The group generates revenue from its department store sales and rental income from investment properties, positioning it as a consumer and real estate player exposed to Hong Kong and overseas markets through its subsidiaries and associate holdings.

Average Trading Volume: 19,384

Technical Sentiment Signal: Buy

Current Market Cap: HK$4.01B

For a thorough assessment of 0289 stock, go to TipRanks’ Stock Analysis page.