Wah Wo Holdings Reports Expected Profit Turnaround

Wah Wo Holdings Group Limited (HK:9938) has released an update.

Wah Wo Holdings Group Limited has announced a positive profit alert, indicating an expected turnaround from a net loss to a net profit of between HK$0.7 million and HK$1.7 million for the six months ending September 2024. This improvement is largely driven by increased revenue and gross profits from ongoing construction projects, despite higher costs in legal, professional, and administrative areas. Investors are advised to await the detailed interim results expected later in November 2024.

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