Wing Lee Development (9639) Expects Approximately 47% Profit Decline for Six Months Ended 30 September 2025

Bulletin Express11-18

Wing Lee Development Construction Holdings Limited (stock code: 9639) expects profit attributable to shareholders not exceeding HK$20.00 million for the six-month period ended 30 September 2025. This figure represents a decline of around 47% compared to approximately HK$37.54 million for the same period in 2024.

According to the latest announcement, the decrease is attributed primarily to an increase in selling and marketing expenses related to new energy ventures. Additionally, several construction projects reached completion before or during the reporting period, leading to earlier revenue recognition, while newly awarded projects remain at preliminary stages and have yet to contribute profit. The company anticipates that ongoing projects will provide support for long-term growth once fully realized.

Shareholders and investors are advised that these unaudited figures are based on the group’s consolidated management accounts. The actual results may be subject to adjustments following reviews by the audit committee and auditor. Official interim results are scheduled for release in late November 2025, and shareholders and potential investors are encouraged to refer to that announcement. Exercise caution when dealing in the company’s shares.

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