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Extrawell Pharmaceutical Anticipates Significant Profit Turnaround

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Extrawell Pharmaceutical Anticipates Significant Profit Turnaround

Elevate Your Investing Strategy:

Extrawell Pharmaceutical Holdings Limited ( (HK:0858) ) has provided an announcement.

Extrawell Pharmaceutical Holdings Limited has announced a significant financial turnaround, expecting to report a profit between HK$215 million and HK$225 million for the year ended March 31, 2025, compared to a loss in the previous year. This improvement is primarily due to a gain from the fair value change of financial assets, specifically investments in convertible bonds, marking a positive shift in the company’s financial performance.

More about Extrawell Pharmaceutical Holdings Limited

Extrawell Pharmaceutical Holdings Limited is a company incorporated in Bermuda, operating in the pharmaceutical industry. The company, along with its subsidiaries, focuses on the development, manufacturing, and distribution of pharmaceutical products.

Average Trading Volume: 830,181

Technical Sentiment Signal: Buy

Current Market Cap: HK$121.9M

Learn more about 0858 stock on TipRanks’ Stock Analysis page.

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