WELIFE TECH (01703) announced its interim financial results, with a net profit of HKD 9.283 million.
Vico Technology (01703) released its performance for the six months ending September 30, 2025, with revenue of HK$131 million, a year-on-year increase of 32.2%; net profit was HK$9.283 million, compared to a loss of HK$16.629 million in the same period last year; basic earnings per share were HK$0.81.
WeLife Tech (01703) announced its performance for the six months ended September 30, 2025, with a revenue of HK$131 million, an increase of 32.2% compared to the same period last year; net profit of HK$9.283 million, compared to a loss of HK$16.629 million in the same period last year; basic earnings per share of 0.81 HK cents.
The increase in revenue during the period was mainly due to the gradual recovery of Chinese restaurants and the operation of new tea restaurants. The turnaround from loss to profit during the period was mainly driven by revenue growth, effective cost control measures, maintaining stable food cost ratios, and successfully reducing employee salaries and property rental expenses. The successful implementation of new restaurant concepts and the improvement in operating efficiency have collectively contributed to the significant recovery of the group from a loss in the same period last year.
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