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The latest update is out from Wai Chun Group Holdings Limited ( (HK:1013) ).
Wai Chun Group Holdings Limited has announced a significant reduction in its net loss for the fiscal year ending March 31, 2025. The company’s net loss is expected to be approximately HK$11.0 million, a substantial improvement from the HK$36.5 million loss recorded the previous year. This reduction is primarily due to an increase in the gain on derecognition of a convertible bond and a decrease in administrative expenses, particularly depreciation costs. The final audited results are anticipated to be published by June 30, 2025.
More about Wai Chun Group Holdings Limited
Average Trading Volume: 339,936
Technical Sentiment Signal: Buy
Current Market Cap: HK$66.58M
For a thorough assessment of 1013 stock, go to TipRanks’ Stock Analysis page.