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Integrated Waste Solutions Expects Significant Loss Increase for FY2025

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Integrated Waste Solutions Expects Significant Loss Increase for FY2025

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Integrated Waste Solutions Group Holdings Limited ( (HK:0923) ) has shared an update.

Integrated Waste Solutions Group Holdings Limited has issued a supplemental announcement regarding a significant increase in expected losses for the fiscal year ending March 2025. The company anticipates a 650% rise in losses compared to the previous year, primarily due to impairment losses on investments in hazardous waste treatment projects and assets at its Hong Kong headquarters. The final financial results are yet to be audited, and stakeholders are advised to exercise caution.

More about Integrated Waste Solutions Group Holdings Limited

Integrated Waste Solutions Group Holdings Limited operates in the environmental industry, focusing on waste management and treatment services. The company is involved in hazardous waste treatment projects, particularly in Mainland China, and manages property and equipment assets in Hong Kong.

Average Trading Volume: 932,326

Technical Sentiment Signal: Sell

Current Market Cap: HK$62.7M

Find detailed analytics on 0923 stock on TipRanks’ Stock Analysis page.

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