Changes in Hong Kong stocks | Weihuada Holdings (00622) rose more than 13% after earnings are expected to surge 59% year-on-year in the first half of the year

The Zhitong Finance App learned that Weihuada Holdings (00622) rose more than 13% after earnings. As of press release, it had risen 13.15% to HK$2.41, with a turnover of HK$21.23,400.

According to the news, on July 22, Weihuada Holdings announced that the group expects to make a profit of over HK$150.7 million in the first half of 2026, a surge of 59% over the previous year. According to the announcement, the increase in profit was mainly driven by the combined effects of the following: increase in earnings; and increase in profit attributable to associated companies.

Driven by these increases in profit, strong other overall earnings and positive contributions from associated companies, the Group's net consolidated asset value surged 22% to HK$3,88.1 billion on June 30, 2025 from HK$3.883.7 million on June 30, 2025.