WENLING MCT (01379) Reports Interim Results with Net Profit of HK$7.417 Million, Up 124.28% Year-on-Year

Stock News
08/22

WENLING MCT (01379) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$34.461 million, representing a year-on-year increase of 1.7%. Profit for the period reached HK$7.417 million, surging 124.28% compared to the same period last year. Basic and diluted earnings per share stood at HK$0.09.

During the first half of the year, facing a complex and volatile industry environment, the group accelerated its transformation and upgrade while continuing to leverage its "market + industry" advantages. The group's main business activities and revenue sources stem from property leasing operations of trading centers and science & innovation parks, as well as property development business through the sale of selected units within the science & innovation parks.

For the six months ended June 30, 2025, the group's business operations remained largely unchanged. However, revenue and profit for the period increased by approximately 1.7% and 124.3% respectively compared to the same period last year, primarily attributable to higher occupancy rates and reduced valuation losses on investment properties.

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