WF Holding shares surge 20.0% after-hours after reporting 70% revenue increase and $8M IPO proceeds.

WF Holding Limited surged 19.96% in after-hours trading following the release of its interim financial results for the six months ended June 30, 2025. Despite reporting a net loss of $320,544 (versus a $218,705 profit in the prior-year period), the company highlighted a 70.09% revenue increase to $3.52 million, driven by completed high-value projects. The IPO in March–May 2025 raised $8.96 million in gross proceeds, and the acquisition of Global Key Investment Limited for $3 million signaled strategic expansion into China’s wine and liquor distribution market. While rising costs and administrative expenses pressured profitability, investors appeared to focus on revenue growth, liquidity ($3.15 million in cash), and the company’s aggressive capital-raising and diversification efforts as catalysts for optimism.