--- title: "WING FUNG GROUP announced its interim results, reporting a net loss of HKD 2.668 million, turning from profit to loss year-on-year" type: "News" locale: "en" url: "https://longbridge.com/en/news/253988930.md" description: "WING FUNG GROUP announced its interim results for the period ending June 30, 2025, reporting a net loss of HKD 2.668 million, a shift from profit to loss year-on-year. The group's revenue was HKD 66.692 million, a decrease of 14.82% year-on-year. The loss was primarily due to project delays caused by the economic downturn, resulting in a revenue reduction of approximately HKD 11.6 million. The group secured preliminary contract amounts for new projects exceeding HKD 383 million and will continue to focus on project management and cost control to enhance profits and shareholder returns" datetime: "2025-08-21T11:59:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/253988930.md) - [en](https://longbridge.com/en/news/253988930.md) - [zh-HK](https://longbridge.com/zh-HK/news/253988930.md) --- # WING FUNG GROUP announced its interim results, reporting a net loss of HKD 2.668 million, turning from profit to loss year-on-year According to the Zhitong Finance APP, WING FUNG GROUP (08526) released its interim results for the six months ending June 30, 2025, reporting revenue of HKD 66.692 million, a year-on-year decrease of 14.82%; the group incurred a loss of HKD 2.668 million during the period, compared to a profit of HKD 2.315 million in the same period last year; basic loss per share was HKD 0.0164. The announcement stated that the loss during the relevant period was mainly due to the economic downturn, which caused project delays and resulted in a revenue decrease of approximately HKD 11.6 million; and multiple project delays led to cost overruns. In March 2024, the group was awarded a new project with a preliminary contract amount exceeding HKD 383 million. At the same time, the group focuses on project management quality assurance and strict cost control measures with a pragmatic and timely approach, but any delays in the new project may have a potential impact on the group's financial performance for the year ending December 31, 2025. The group will continue to closely monitor the progress of its ongoing projects regularly and will continue to seek suitable bidding opportunities and submit bids for potential projects to maximize the group's profits and shareholder returns ### Related Stocks - [08526.HK](https://longbridge.com/en/quote/08526.HK.md) ## Related News & Research - [CITIC seeks Hong Kong listing for USD 9 billion medium-term note programme](https://longbridge.com/en/news/289295703.md) - [ZAWYA: Arabian Dyar shelves Tadawul IPO plans for now amid weak market sentiment](https://longbridge.com/en/news/289169879.md) - [Commentary: Iran war has raised inflation risks. Why are Asian economies still growing?](https://longbridge.com/en/news/288972301.md) - [Jensen Huang strongly supports AI: After the crash, it's finally possible to buy it at a discount.](https://longbridge.com/en/news/289049771.md) - [Cargo vessel exchanges fire with armed craft off Yemen coast, UKMTO says](https://longbridge.com/en/news/289280921.md)