China Wah Yan Healthcare (HK:0648) has released an update.
China Wah Yan Healthcare’s subsidiary, SoftMedx Healthcare Limited, reports a mixed financial performance with an unrealized gain of HK$15.1 million and a subsequent loss of HK$5.4 million on its investment in Almana Limited, which comprises a significant portion of the group’s assets. The company remains optimistic about the investee’s growth despite current trading suspension and advises shareholders to be cautious. The investment aims for long-term capital gains and risk diversification.
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