Wai Hung Group Holdings Shareholder Deposits Shares with Rifaat Securities, Valued at HK$5.57 Million

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昨天

On March 20, a shareholder of Wai Hung Group Holdings (03321) deposited shares with Rifaat Securities, with a deposited market value of HK$5.57 million, representing 20% of the holding. In a separate announcement, Wai Hung Group Holdings indicated that it expects to report a net loss of approximately MOP 72.6 million for the 12-month period ending December 31, 2025 (the reporting period). This compares to a net loss of about MOP 48.9 million for the previous 12-month period ending December 31, 2024. According to the board's latest available information, the increase in net loss is primarily attributable to the absence of a reversal of impairment losses on trade receivables during the reporting period. Furthermore, no reversal of impairment losses was recognized for other receivables, deposits, and prepayments. In contrast, a total reversal of approximately MOP 36.6 million was recorded in the previous period.

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