Wachovia Industrial and Commercial Store (00459) issued a profit warning, and it is expected that the consolidated net profit attributable to equity holders in the medium term will decrease significantly compared with the same period last year.

Zhitong Finance · Jun 30, 2022 22:10

Zhitong Financial APP News, Wachovia Industrial and Commercial Store (00459) announced that it is expected that the group's financial results for the six months ended June 30, 2022, compared with the consolidated net profit attributable to equity holders for the six months ended June 30, 2021, will achieve a significant retrogression, and it is expected that a slight loss or break-even may be achieved in the first half of 2022.

The expected significant decline in financial performance is mainly due to, inter alia, the adverse market conditions caused by the fifth wave of novel coronavirus outbreak in Hong Kong since January 2022, resulting in a significant decline in the transaction volume and volume of non-residential properties in Hong Kong.

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美联工商铺(00459)发盈警，预期中期权益持有人应占综合净溢利同比将显著下降

Wachovia Industrial and Commercial Store (00459) issued a profit warning, and it is expected that the consolidated net profit attributable to equity holders in the medium term will decrease significantly compared with the same period last year.

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