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WWPKG announces positive profit alert

July 11, 2017 Business News No Comments Email Email

WWPKG Holdings Company Limited(“WWPKG”, together with its subsidiaries, the “Group”; HKSE: 8069), is pleased to announce that, the Group is expected to record a turnaround from loss to profit attributable to owners of the Company for the three months ended 30 June 2017 as compared to the corresponding period in 2016. It was mainly attributable to (i) improved sales performance during the three months ended 30 June 2017 as a result of increases in both the number of participants and the selling prices of the Group’s package tours, especially during the Easter holidays’ period coupled with the cherry blossom season in April 2017; (ii) negative impact on the Group’s revenues for the three months ended 30 June 2016 arising from the Kumamoto Earthquake that occurred in April 2016, when the Group’s package tours bound for Kyushu during the period between 15 April 2016 to 27 June 2016 were completely suspended; and (iii) no listing expenses were charged for the three months ended 30 June 2017.

Mr. Chun Ning YUEN, Chief Executive Officer and Executive Director of the Company, said, “WWPKG is expected to record a turnaround from loss to profit, which recognises the Group’s outstanding corporate management and operation on improving company performance. Along with better market sentiment, we look forward to serving more customers and bringing better travel experience to our customers. We will continue to expand our business to maximize the return of our investors and shareholders. “

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