OIWAHPAWN (01319) issues a positive profit alert, expecting a year-on-year increase of 30% to 50% for the interim period.

OIWAHPAWN (01319) issues an announcement. Based on the preliminary assessment made by the Board with reference to the unaudited consolidated management accounts of the Group for the six months ended 31 August 2026 (the Period), it is expected that the profit attributable to shareholders for the Period will record an increase ranging from 30% to 50% as compared with the six months ended 31 August 2025 (the Previous Period) (approximately HK$38.4 million). The expected profit increase is mainly attributable to the reversal of impairment losses on loan receivables during the Period. This reversal was made as a result of a slight rebound in property prices of general residential properties in the first half of 2026. In contrast, an allowance for impairment losses on loan receivables was made in the Previous Period.