---
title: "WAN KEI GROUP's annual loss narrowed to HKD 29.22 million, with revenue increasing by 34%, and no dividend declared"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290893816.md"
description: "WAN KEI GROUP announced its full-year results for the year ending March 31, 2026, with revenue increasing by 33.7% year-on-year to HKD 403 million and gross profit rising by 32.8%. The loss attributable to shareholders narrowed to HKD 29.22 million, compared to HKD 51.43 million last year. The board of directors has proposed not to declare a final dividend. In light of the intense competition in the Hong Kong construction market, the company will maintain a prudent approach and advance business diversification, including exploring the expansion of financial service licenses and assessing acquisition targets"
datetime: "2026-06-25T23:58:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290893816.md)
  - [en](https://longbridge.com/en/news/290893816.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290893816.md)
---

# WAN KEI GROUP's annual loss narrowed to HKD 29.22 million, with revenue increasing by 34%, and no dividend declared

《Economic News Agency, 26th Special Report》WAN KEI GROUP (01718) announced its annual results for the year ending March 31, 2026, reporting a loss attributable to shareholders narrowed to HKD 29.22 million, compared to a loss of HKD 51.43 million in the same period last year; loss per share was HKD 0.1244, down from HKD 0.4010 last year. The board of directors recommended not to declare a final dividend.

During the period, the group's revenue was HKD 403 million, an increase of 33.7% year-on-year; gross profit was HKD 70.323 million, a year-on-year growth of 32.8%, with an overall gross profit margin of 17.5%, roughly in line with last year's 17.6%.

As of the end of March, the group had cash and cash equivalents of approximately HKD 117 million, an increase from approximately HKD 107 million last year; net asset value was HKD 65.51 million, a year-on-year growth of 31.8%, and total assets increased to HKD 291 million.

The company stated that competition in the Hong Kong construction market remains intense, and bidding strategies in the private market further compress profit margins. In the future, it will maintain a prudent attitude towards its core construction business. At the same time, it will promote diversified business development, including exploring the expansion of financial service licenses and evaluating the acquisition of a target company in the TikTok agency industry. (eh)

\\\* For details regarding the results, please refer to the company's official announcement

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