OIWAHPAWN (01319) announced annual performance with a net profit attributable to shareholders of HK$82.609 million, representing a year-on-year increase of 47.8%.

OIWAHPAWN (01319) announced its financial performance for the fiscal year ending on February 28, 2026, with revenue of approximately HK$164 million, a year-on-year increase of 0.1%; shareholders' share of net profit for the year amounted to HK$82.609 million, a year-on-year increase of 47.8%; basic earnings per share were 4.3 HK cents, with a proposed final dividend of 1.15 HK cents per share. The announcement stated that the increase in net profit was mainly attributed to: (i) a decrease of approximately HK$33.6 million in impairment losses recognized for receivables; and (ii) a reduction of approximately HK$3.2 million in operating expenses. However, this was offset by (i) an increase of approximately HK$6.3 million in income tax expenses; and (ii) a decrease of approximately HK$4.1 million in other income.