Vongroup Posts Higher Interim Profit on Property Valuation Gains Despite Flat Revenue
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Vongroup Limited (HK:0318) reported stable interim results for the six months ending 31 October 2025, with revenue slightly down to HK$102.6 million from HK$103.5 million. Profit attributable to shareholders rose to HK$14.8 million, aided by a HK$3.7 million positive fair value change in investment properties. Despite flat revenue, net assets increased to HK$575.7 million, indicating a solid balance sheet. Analysts rate the stock as a Hold with a price target of HK$0.50.
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