OIWAHPAWN Reports 47.8% Surge in Annual Profit, Declares Final Dividend

Stock News
May 27

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.

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