According to the Zhitong Finance App, Hengwei Group Holdings (08219) announced that the Group expects to obtain no less than HK$1 million in profits due to company owners in the six months ending June 30, 2023, while it will obtain about HK$3.87 million in profits due to company owners in the six months ending June 30, 2022.
The board of directors believes that the decrease in profit attributable to the owner is mainly due to the decline in total income and gross profit; the increase in the group's financial costs due to higher interest rates by banks.