According to Zhitong Finance App, Wutong International (00613) announced that it is expected that the Group will obtain an unaudited comprehensive profit of about HK$760 million for the six months ending June 30, 2026, while the six months ending June 30, 2025 will be about HK$108 million, a sharp increase of about 600%, and the Group's net comprehensive asset value at the end of the reporting period will soar by more than 130% to over HK$4.8 billion.

This incremental increase of HK$160 million raised the expected accrued profit for the reporting period from the previous estimate of about HK$600 million as stated in the announcement to approximately HK$760 million. The increase in profit is mainly due to the recent receipt of additional financial information from invested companies held by the Group as financial assets recorded as profit and loss at fair values, which confirmed unrealized fair value earnings from such invested companies of approximately HK$160 million. The financial data of these invested companies reflect a significant increase in the fair value of their net asset values during the reporting period. All other earnings drivers previously disclosed in the announcement remain unchanged.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.