Cathay International Holdings (00613.HK) announces a profit surge. It is estimated that the net profit attributable to shareholders in the first half of the year is approximately HKD 600 million, a significant increase of 555% year-on-year.

date
17/07/2026
Financial news from Wisdom Finance app: Wutong International (00613.HK) announced that the group is expected to achieve an unaudited comprehensive shareholders' profit of approximately 600 million Hong Kong dollars for the six months ending on June 30, 2026, compared to about 108 million Hong Kong dollars for the six months ending on June 30, 2025, representing a significant increase of 555%. The significant increase in shareholders' profit during this period is mainly due to the net fair value gains on financial assets, increased business income, and increased positive contributions from equity-accounted investees. With the profit growth, strong overall income, positive contributions from equity-accounted investees, and other operating factors, the group's comprehensive net asset value at the end of the reporting period is expected to soar by over 100% to more than 4.5 billion Hong Kong dollars.