WAI KEE HOLD (00610) announced interim results. Profit attributable to shareholders of HK$55589 million turned a year-on-year loss into a profit

According to the Zhitong Finance App, WAI KEE HOLD (00610) announced interim results for the six months ended June 30, 2026. The Group obtained revenue from goods and services of HK$6.023 billion, a year-on-year decrease of 13.17%; profit attributable to the owners of the company was HK$555.89 million, and a loss of HK$3.145 billion for the same period last year; basic profit per share was HK$0.07.

Driven by increased government spending on projects such as infrastructure, public housing, and the development of the northern metropolitan area, the prospects for construction volume are still positive, but contractors continue to face fierce market competition. Although the real estate market has shown signs of stabilization, continued competition is still putting heavy pressure on bid prices and marginal profits. As a result, the overall performance of the construction sector in 2026 is expected to remain roughly at the level of 2025.