WING LEE PPT (00864) announced its interim results for the six months ended June 30, 2025, reporting revenue of HK$11.453 million, down 14.4% year-on-year. The company recorded a net loss of HK$165 million, representing a 169.9% increase compared to the same period last year. Basic loss per share was HK$0.4283.
The group's revenue during the period was primarily derived from total rental income from its investment properties. The year-on-year decrease was mainly attributed to the provision of more rental concessions to tenants during the period compared to 2024. As of June 30, 2025, 82.8% of the group's investment properties were leased.