NEWAY GROUP issued a profit warning, expecting a loss reduction in the first half to approximately HKD 19 million to HKD 34 million

Zhitong
2025.08.15 14:14
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NEWAY GROUP announced a profit warning, expecting losses in the first half of 2025 to decrease to approximately HKD 19 million to HKD 34 million, an improvement compared to HKD 40.1 million in the first half of 2024. The losses are mainly attributed to a fair value loss of approximately HKD 4 million on investment properties, as well as classified losses from property development, investment, and manufacturing sales businesses