WING FUNG GROUP (08526) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$66.692 million, representing a decrease of 14.82% compared to the same period last year. The company reported a loss of HK$2.668 million during the period, compared to a profit of HK$2.315 million in the corresponding period last year. Basic loss per share was HK$1.64 cents.

According to the announcement, the loss for the relevant period was primarily attributable to reduced revenue of approximately HK$11.6 million due to project delays caused by economic downturn, as well as cost overruns from multiple projects that experienced completion delays.

In March 2024, the group was awarded a new project with an initial contract value exceeding HK$383 million. Meanwhile, the group has adopted a pragmatic and timely approach focusing on project management quality assurance and strict cost control measures. However, any delays in the new project may potentially impact the group's financial performance for the year ending December 31, 2025.

The group will continue to closely monitor the progress of its ongoing projects on a regular basis and will continue to identify suitable bidding opportunities and submit tenders for potential projects to enhance the group's maximum profit and shareholder returns.