HONG WEI ASIA (08191) has released its interim results for 2026, reporting revenue of HK$40.95 million, a decrease of 17.91% year-on-year. The company achieved a net profit of HK$15.82 million, successfully reversing from a loss in the prior corresponding period, with earnings per share reaching 21.71 HK cents.

The revenue decline is primarily attributed to a scheduled production halt and ongoing technical upgrades implemented during the middle of 2026, which temporarily impacted production capacity and led to reduced sales of particleboard products. The swing to profitability was driven by improved gross margins, reduced administrative expenses, and a one-off gain recognized from the derecognition of bills payable during the period.