STOCKS | Want Want Issues Profit Warning, Sees First-Quarter Profit Down 38%

Want Want (0151) said it expects net profit for the three months ended June 30, 2026 to fall about 38% year on year, driven mainly by weaker market sentiment and an estimated 6% decline in first-quarter revenue, according to Ming Pao. The company said the drop in revenue, together with higher operating expenses, was the main reason for the expected profit decline. It added that if these trends continue and there are no material changes, its interim results for the six months ended September 30, 2026 are expected to be negatively affected.