Wing Fat Properties (00287.HK): Annual Loss Narrowed to HK$4 Million - HK$8 Million, Down 89% - 95% Year-on-Year

NewTimeSpace News: Wing Fat Properties issued a profit forecast on June 11. It expects the loss for the year ended March 31, 2026 to range from HK$4 million to HK$8 million, representing a sharp narrowing of 89% to 95% compared with the previous year.

NewTimeSpace News: On June 11, 2026, Wing Fat Properties (00287.HK) released a profit forecast. Based on a preliminary review of management accounts, the Group estimates an annual loss of HK$4 million to HK$8 million for the year ended March 31, 2026, versus a loss of HK$74.716 million in the corresponding period last year, narrowed by 89% to 95%.

The narrowed loss is mainly attributable to the decrease in fair value losses on investment properties.

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