Weng Fine Art AG Announces Correction of 2025 Financial Statements

Weng Fine Art AG revised its projected 2025 net profit down from EUR 5.9 million to approximately EUR 4.7 million. The correction includes an additional EUR 735,000 inventory write-down amid a weakening art market, a roughly EUR 410,000 write-down of its Artfacts.Net Ltd. investment, and EUR 80,000 in costs for an abandoned acquisition. Expected equity fell from EUR 19 million to approximately EUR 17.8 million. Audited statements are expected before the December 18, 2026 Annual General Meeting.