Wang On Group Limited has released its 2025 Annual Report, detailing the company's financial performance and business updates for the financial year ended 31 March 2025. The Group reported an increase in revenue compared to the previous year, driven largely by enhanced sales and delivery activities. Despite the revenue growth, the company experienced a loss attributable to the owners of the parent, influenced by various factors including write-downs of properties held for sale and a decrease in share of profits from joint ventures. The report also notes improvements in the Group's financial position and asset-liability ratio due to the sale of certain properties. The full report can be accessed through the link below.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wang On Group Limited published the original content used to generate this news brief on July 24, 2025, and is solely responsible for the information contained therein.