--- title: "\"Profit Alert\" WAN KEI GROUP forecasts a half-year profit of at least 1 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/267066339.md" description: "WAN KEI GROUP announced a profit alert, expecting a net profit of no less than HKD 1 million for the six months ending in September, compared to a loss of HKD 11.74 million in the same period last year. The turnaround from loss to profit is mainly due to a large-scale foundation construction project with a higher gross profit margin during the period; a reduction in general and administrative expenses; a fair value gain of approximately HKD 1.34 million on financial assets; and the recognition of approximately HKD 990,000 from the sale of subsidiary income" datetime: "2025-11-23T10:01:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/267066339.md) - [en](https://longbridge.com/en/news/267066339.md) - [zh-HK](https://longbridge.com/zh-HK/news/267066339.md) --- # "Profit Alert" WAN KEI GROUP forecasts a half-year profit of at least 1 million yuan WAN KEI GROUP (01718.HK) issued a profit warning, expecting a net profit of no less than HKD 1 million for the six months ending in September, compared to a loss of HKD 11.74 million in the same period last year. The turnaround from loss to profit is mainly due to a large-scale foundation construction project with a higher gross profit margin during the period; a reduction in general and administrative expenses; a fair value gain of approximately HKD 1.34 million on financial assets; and the recognition of approximately HKD 990,000 from the sale of subsidiary income ### Related Stocks - [01718.HK](https://longbridge.com/en/quote/01718.HK.md) ## Related News & Research - [Warren Buffett sits on a record $397B in cash while Michael Burry shorts AI for $1B, betting it's 1999 all over again. What do they see?](https://longbridge.com/en/news/287098183.md) - [BAILEY STATES THAT INCREASING MORTGAGE RATES ARE CONSISTENT WITH MARKET TRENDS.](https://longbridge.com/en/news/287088758.md) - [Rising Bond Yields Weigh on Stocks](https://longbridge.com/en/news/286939009.md) - [Cramer reiterates debt-coverage rule amid high-rate pressures](https://longbridge.com/en/news/287048552.md) - [Bond yields look attractive but might stay volatile](https://longbridge.com/en/news/286892571.md)