Hong Kong-based property group Wing Tai Properties Limited on Aug, 21 2026 reported its unaudited results for the six months ended Jun, 30 2026, showing a marked reduction in losses and an increase in core earnings.

Revenue rose 17% year on year to HK$517.7 million, driven mainly by higher sales of remaining units at OMA by the Sea. Core consolidated profit attributable to shareholders, which excludes non-cash valuation movements, climbed to HK$177 million from HK$108 million a year earlier.

Net valuation and impairment losses on investment properties and projects under development fell to HK$332 million from HK$1.268 billion. After factoring in a HK$60 million gain on financial instruments, total non-cash valuation loss narrowed to HK$272 million versus HK$1.295 billion in the prior-year period.

As a result, the consolidated loss attributable to shareholders was trimmed to HK$95 million, compared with a HK$1.187 billion loss a year ago. Loss per share improved to HK$0.07 from HK$0.87.

The board declared an interim dividend of HK3.0 cents per share, amounting to approximately HK$41 million. Shareholders on record as of Sep, 11 2026 will receive the payout on or about Oct, 6 2026.

During the half, the company pre-sold about 71% of units at UNI Residence in Sha Tin and 45% at its Cloudview project in Fanling. It also completed the sale of two London commercial properties for a combined HK$604 million, booking an aggregate gain of HK$142 million. The Central Crossing mixed-use project in Central is expected to secure its occupation permit in the fourth quarter of 2026.