Weihuada Holdings (00622) expects profit of HK$297.1 million in the first half of 2026 to surge 213% year over year

According to the Zhitong Finance App, Weihuada Holdings (00622) announced that the Group expects to make a profit of HK$297.1 million in the first half of 2026, a 213% increase from HK$95 million for the six months ending June 30, 2025. On June 30, 2026, the Group's net consolidated asset value is expected to surge 28% to HK$4,091 billion from HK$3.183.7 billion on June 30, 2025.

The expected profit for the period and the increase in consolidated net asset value on June 30, 2026 are entirely due to an increase in financial information provided by one of the Group's associated companies. The joint venture's improved financial performance has increased the Group's share of performance, thereby increasing medium-term profit and net consolidated asset value at the end of the period accordingly. All other profit drivers disclosed in previous announcements remain unchanged.