WEIYE HOLDINGS (01570) Reports Interim Results with Attributable Loss of HK$22.24 Million, Down 68.99% Year-on-Year
Stock News
Aug 28
WEIYE HOLDINGS (01570) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$11.418 million, representing a 64.3% decrease compared to the same period last year. The company reported a loss attributable to owners of HK$22.24 million, down 68.99% year-on-year, with a loss per share of 11.34 cents.
Property development sales declined from approximately HK$32 million for the six months ended June 30, 2024, to approximately HK$11.4 million for the six months ended June 30, 2025. The total net saleable floor area delivered to customers for the six months ended June 30, 2025, was approximately 873 square meters, compared to 2,103 square meters in the corresponding period of 2024.
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