Water Oasis Group Limited Reports Profit Increase to HK$52-56 Million for H1 2025, Up from HK$40.1 Million in Prior Period

Reuters
May 23
Water Oasis Group Limited Reports Profit Increase to HK$52-56 Million for H1 2025, Up from HK$40.1 Million in Prior Period

Water Oasis Group Limited has announced a positive profit alert for the six months ended 31 March 2025. The Group is expected to record a profit of approximately HK$52.0 million to HK$56.0 million, up from approximately HK$40.1 million for the same period in 2024. This anticipated increase in profit is primarily attributed to the absence of a non-cash goodwill impairment, which amounted to approximately HK$11.4 million in the previous period. The interim results are scheduled for publication by the end of May 2025. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares.

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