Weihua Da (0622) previously issued a positive trading update, expecting a net profit of HKD 171,400,000 for the 2025 fiscal year, compared to a net loss of HKD 194,700,000 for the 2024 fiscal year. The net profit is mainly due to the combined effect of: (a) profit attributable to associates; (b) net unrealized fair value gain on financial assets at fair value through profit or loss; and (c) net reversal of impairment losses on loans receivable.
Since Ant successfully bought Yaocai (1428), brokerage firms have become valuable and liquid. It's worth paying attention to!
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