Wing Tai Holdings warns that it will report a net loss for FY2025 ended June, as it will be making impairment on development properties and investment properties.
The company says that its financial position remains healthy a low net gearing ratio of approximately 0.29 times as at June 30.
Wing Tai expects to report its FY2025 results on Aug 26.
Wing Tai shares closed at $1.41, up 1.44% for the day and up 13.71% year to date.