Wanshichang International (00898) expects comprehensive profit attributable to shareholders for the medium term to be approximately HK$100 million to HK$120 million

According to Zhitong Finance App, Wanshichang International (00898) issued an announcement. It is expected that the Group will obtain a comprehensive profit of about HK$100 million to HK$120 million for the six months ending June 30, 2026 (this period), compared with the comprehensive profit attributable to the company's shareholders of about HK$238 million for the six months ended June 30, 2025.

The expected decrease in profit for the period is mainly due to a sharp decrease in the net fair value earnings at market value of the Group's financial assets recorded at fair value, from about HK$208 million in the same period in 2025 to about HK$46 million in the current period, as reflected in the current market conditions on June 30, 2026. The Board of Directors believes that the change in fair value is non-cash and has not had any significant adverse impact on the Group's core operations or cash flow, and that the Group's overall financial situation remains stable.