MULTIFIELD INTL (00898) issues profit warning, expecting a comprehensive pre-tax loss of approximately HK$650 million to HK$730 million for the year 2025.

19:53 20/03/2026

Wanshichang International (00898) announced that the group is expected to report a comprehensive pre-tax loss of approximately HK$650-730 million for the year ending December 31, 2025, compared to a comprehensive pre-tax profit of approximately HK$317 million for the year 2024.

MULTIFIELD INTL (00898) announced that the group is expected to incur a comprehensive loss before tax of approximately HK$650 million to HK$730 million for the year ending December 31, 2025, compared to a comprehensive profit before tax of approximately HK$317 million for the year 2024. The expected performance for the year 2025 has changed from profit to loss mainly due to fair value losses expected to be recognized on the group's investment properties after revaluation. The board believes that these fair value losses are of a non-cash nature and will not have any significant adverse impact on the group's core business operations or cash flows, and that the group's overall financial position remains stable.

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