Water Oasis Group (01161.HK) projected its net profit for the first six months of the fiscal year ending March 2026 to increase by as much as 30 percent, citing strong performance in its core business.
In a filing with the Hong Kong Stock Exchange, the company announced it expects profit for the period to be between approximately HKD 68 million and HKD 72 million.
This represents a significant increase from the HKD 55.5 million profit recorded in the same period of the previous year. The company attributed the expected growth to a notable rise in revenue from its treatment services segment.
Shares of Water Oasis Group rallied on the news, closing up 9.9 percent. The positive guidance suggests a strengthening demand for its services and improved operational efficiency.
Dividend History
Reflecting a consistent policy of returning value to shareholders, the company has a history of regular dividend payments. In the 2025 fiscal year, Water Oasis declared an interim dividend of HKD 0.0350 per share and a final dividend of HKD 0.0250. This followed a similar pattern in fiscal 2024 with an interim dividend of HKD 0.0350 and a final of HKD 0.0200.
The strong profit forecast indicates that the company's growth strategy in the treatment services sector is yielding positive results. Investors will be watching for the official interim results announcement in late 2025 to confirm the performance and for any updates on the company's full-year outlook.
This article is for informational purposes only and does not constitute investment advice.