Wing Lee PPT (00864) announces annual performance with a net loss of 268 million Hong Kong dollars, an increase of 14.27% compared to the same period last year.

WING LEE PPT (00864) announced its annual performance for the year ended December 31, 2025. The group achieved a revenue of HKD 21.197 million, a decrease of 20.98% compared to the previous year. The group incurred a loss of HKD 268 million during the year, an increase of 14.27% compared to the previous year. The basic loss per share was 69.32 HK cents. The announcement stated that the group continues to engage in the business of renting completed commercial and residential properties in Hong Kong. As of December 31, 2025, the total market value of the group's investment properties was approximately HKD 331 million, a decrease of about HKD 273 million compared to 2024. This decrease was mainly due to a decrease in the fair value net change of the investment properties. The main source of income for the group is rental income generated from its investment properties. The rental income for the year ended December 31, 2025 was approximately HKD 21.2 million, a decrease of about 21.0% compared to 2024. The decrease in rental income was mainly due to more rental concessions given to tenants in 2025 compared to 2024. As of December 31, 2025, the occupancy rate of the group's investment properties was 96.2%.