WAI YUEN TONG (00897) issues profit warning, expecting interim loss attributable to shareholders of not more than HK$16 million, turning from profit to loss year-on-year.

WAI YUEN TONG (00897) announced that the Group expects to record a loss attributable to owners of the parent of not more than HK$16 million for the six months ended 30 September 2026, compared with a profit attributable to owners of the parent of approximately HK$2.8 million in the corresponding period, representing a turnaround from profit to loss. The expected decrease in profit is primarily attributable to the combined effect of the following: a significant increase in selling and distribution expenses and administrative expenses during the reporting period; and a significant decrease in the net fair value gain on investment properties during the reporting period.