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China Healthwise Projects Significant Reduction in FY2024 Losses

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China Healthwise Projects Significant Reduction in FY2024 Losses

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China Healthwise Holdings ( (HK:0348) ) just unveiled an update.

China Healthwise Holdings Limited, a company listed on the Hong Kong Stock Exchange, has announced an expected significant decrease in its financial losses for the fiscal year ending December 31, 2024. The company projects a loss between HK$38 million and HK$42 million, a substantial improvement from the HK$135 million loss recorded in the previous year. This reduction is primarily attributed to a decrease in impairment losses on loan receivables. The financial results are based on preliminary assessments and have not yet been audited, with final results expected to be announced on March 31, 2025.

More about China Healthwise Holdings

YTD Price Performance: -6.25%

Average Trading Volume: 947,116

Technical Sentiment Signal: Hold

Current Market Cap: HK$115.6M

For a thorough assessment of 0348 stock, go to TipRanks’ Stock Analysis page.

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