HONG WEI ASIA (08191) announced its interim results, with a net profit of HKD 15.815 million, turning around from a loss in the same period last year.

HONG WEI ASIA (08191) announced its interim results for 2026, reporting revenue of HKD 40.954 million, a decrease of 17.91% year-on-year; net profit of HKD 15.815 million, turning from a loss to a profit year-on-year; and earnings per share of HKD 0.2171. The announcement stated that the revenue decline was primarily due to the scheduled production stoppage and ongoing technological upgrades in mid-2026, which temporarily affected production capacity and led to a decrease in particleboard sales. The turnaround from a loss to a profit was mainly attributed to an increase in gross profit and a reduction in administrative expenses, as well as the recognition of income from the termination of outstanding promissory notes during the period.