WAI YUEN TONG (00897) issues profit warning. It is expected that the mid-term profit attributable to shareholders will decrease by not more than approximately HK$3 million.

WAI YUEN TONG (00897) announced that the group is expected to have a decrease in net profit attributable to owners of the company of not more than approximately HK$3 million for the six months ended September 30, 2025, compared to approximately HK$23.7 million for the six months ended September 30, 2024. The expected decrease in profit is mainly due to the comprehensive impact of the following factors: 1) Retail market consumer sentiment was weak during the reporting period, leading to a decrease in revenue of approximately 7%, resulting in a decrease in the group's gross profit; 2) Net proceeds from the sale of properties during the reporting period significantly decreased; 3) Decrease in net fair value gain on investment properties during the reporting period. These effects have been partially offset by a decrease in administrative expenses and financing costs during the reporting period.