WING LEE PPT Announces Annual Results: Net Loss Widens to HK$268 Million

Stock News
Mar 16

WING LEE PPT (00864) has disclosed its financial results for the year ended December 31, 2025. The group reported revenue of HK$21.197 million, representing a decrease of 20.98% compared to the previous year. The annual loss amounted to HK$268 million, which widened by 14.27% year-on-year. The basic loss per share was HK$0.6932.

The company stated that it continues to operate its business of leasing completed commercial and residential properties located in Hong Kong. As of December 31, 2025, the total market value of the group's investment properties was approximately HK$331 million, a decrease of approximately HK$273 million compared to the end of 2024. This reduction was primarily due to a decrease in the net change in the fair value of the investment properties.

The group's primary source of income is rental revenue generated from its investment properties. For the year ended December 31, 2025, rental income was approximately HK$21.2 million, a decrease of approximately 21.0% compared to 2024. The decline in rental income was mainly attributed to the provision of more rental concessions to tenants in 2025 compared to the previous year. As of December 31, 2025, the occupancy rate for the group's investment properties stood at 96.2%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10