OIWAHPAWN (01319) announced its annual results for the period ending February 28, 2026. The company reported revenue of approximately HKD 164 million, representing a slight increase of 0.1% year-on-year. Profit attributable to shareholders for the year amounted to HKD 82.609 million, marking a significant increase of 47.8% compared to the previous year. Basic earnings per share were HKD 4.3 cents, and the board proposed a final dividend of HKD 1.15 cents per share.

The company attributed the substantial growth in profit primarily to two factors: (i) a reduction of approximately HKD 33.6 million in recognized impairment losses on receivables from loans, and (ii) a decrease of about HKD 3.2 million in operating expenses. This positive impact was partially offset by (i) an increase of roughly HKD 6.3 million in income tax expenses, and (ii) a decrease of approximately HKD 4.1 million in other income.