Weihuada Holdings (00622) expects profit of over HK$150.7 million in the first half of the year to surge 59% year-on-year

According to the Zhitong Finance App, Weihuada Holdings (00622) announced that the group expects to make a profit of over HK$150.7 million in the first half of 2026, a sharp increase of 59% over the previous year.

According to the announcement, the increase in profit is 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.