Top Wealth Group Shares Jump on Expected FY Profit

Dow Jones12-06

By Katherine Hamilton

Top Wealth Group shares jumped after the caviar and wine company said it expects to swing to a profit for the full year.

The stock more than doubled to $13.72 in after-hours trading. Through the close, the stock had lost 76% of its value this year.

The Hong Kong luxury food and drink supplier said Friday it expects net profits in fiscal 2025 to be at least $4 million.

TWG recorded a loss of $2 million in fiscal 2024. The turnaround is driven by improvements across business operations, TWG said.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

December 05, 2025 17:29 ET (22:29 GMT)

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Through the close, the stock had lost 76% of its value this year. \n\n\n  The Hong Kong luxury food and drink supplier said Friday it expects net profits in fiscal 2025 to be at least $4 million. \n\n\n  TWG recorded a loss of $2 million in fiscal 2024. 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