Wai Yuen Tong (00897) Earnings Report, it is expected that the loss due to shareholders in the medium term will not be more than HK$16 million year-on-year profit to loss

According to the Zhitong Finance App, Wai Yuantang (00897) announced that the Group expects to achieve a change from profit attributable to parent company owners of approximately HK$2.8 million during the corresponding period to a loss attributable to parent company owners of no more than HK$16 million for the six months ending September 30, 2026.

The decrease in expected profit is mainly due to the combined effects of the following: a sharp increase in sales and distribution expenses and administrative expenses during the reporting period; and a sharp decrease in net fair value income from investment properties during the reporting period.