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Wing Tai Properties Limited ( (HK:0369) ) has provided an announcement.
Wing Tai Properties Limited announced its interim results for the first half of 2025, reporting a core consolidated profit of HK$108 million, driven by a gain from the disposal of a London property and reduced finance costs. Despite a challenging property market in Hong Kong, the company achieved positive results in residential pre-sales and maintained stable occupancy rates in its office properties. The company is also progressing with its ‘Central Crossing’ development, a mixed-use project in Hong Kong, expected to complete in mid-2026, and continues to leverage government initiatives to boost hotel occupancy.
The most recent analyst rating on (HK:0369) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Wing Tai Properties Limited stock, see the HK:0369 Stock Forecast page.
More about Wing Tai Properties Limited
Wing Tai Properties Limited is a company incorporated in Bermuda, focusing on property development and investment. The company is involved in residential, commercial, and hospitality sectors, with a market focus on Hong Kong and international locations such as London.
Average Trading Volume: 119,581
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.32B
Find detailed analytics on 0369 stock on TipRanks’ Stock Analysis page.