TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Wah Wo Holdings Group Limited ( (HK:9938) ) has provided an update.
Wah Wo Holdings Group Limited has announced a positive profit alert, expecting a net profit between HK$15.7 million and HK$17.7 million for the year ending March 31, 2025, compared to a net loss of HK$55.1 million in 2024. This turnaround is attributed to increased revenue and gross profits from ongoing projects and a reversal of impairment loss allowance, indicating improved financial health and operational success.
More about Wah Wo Holdings Group Limited
Wah Wo Holdings Group Limited operates in the construction industry, providing construction and ancillary services. The company focuses on executing projects that contribute significantly to its revenue and gross profits.
Average Trading Volume: 235,535
Technical Sentiment Signal: Buy
Current Market Cap: HK$92M
For a thorough assessment of 9938 stock, go to TipRanks’ Stock Analysis page.