Wharf Holdings slips most in 12 weeks on lower first-half profit
11/08/2026 08:04
BUZZ-Wharf Holdings slips most in 12 weeks on lower first-half profit ** Shares of Wharf Holdings 0004.HK fall 5.3to HK$20.3, on track for the biggest one-day pct decline since May 20
** The property developer said group underlying net profit for first-half of 2026 dropped 17% y/y to HK$1.697 billion ($216.29 million), mainly due to decrease in dividend income, partly mitigated by increase in interest income
** Group profit attributable to equity shareholders fell to HK$48 million, from 2025's HK$535 million, and group revenue decreased 6% y/y to HK$5.344 billion - co
** YTD, stock down 4.7%, while Hang Seng Property Index .HSNP up 13.7%
($1 = 7.8460 Hong Kong dollars)
(Reporting by Donny Kwok)
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