Wing Fung Group Holdings (01549.HK) Profit Warning: Expected Annual Net Profit Approximately HK$7.7 Million, Turning Loss into Profit Year-on-Year

NightAirdropper · 2026-03-17T03:06:36+00:00

Wing Fung Group Holdings expects net profit of approximately HK$7.7 million in 2025, compared to a loss of HK$9.3 million in the same period of 2024. The increase in profitability is mainly due to higher freight volume, increased government subsidies, and reduced tax expenses compared to last year.

NightAirdropper

2026-03-17 03:06:36

Abstract generation in progress

Gelonghui March 13 — Yongfeng Group Holdings (01549.HK) announced that the group expects to record a profit attributable to equity holders of approximately HKD 7.7 million for the year ending December 31, 2025. In comparison, for the same period in 2024, the company’s attributable loss to equity holders was about HKD 9.3 million.

The board believes that the main reasons for the expected increase in profit attributable to equity holders during the reporting period are: (i) an increase in revenue of approximately HKD 47 million due to higher freight services, representing about a 12% increase compared to the same period last year; (ii) an increase in government subsidies received; and (iii) no additional tax expenses or penalties incurred during the reporting period that were related to the tax expenses and penalties from the same period last year.

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