Wai Hung Group Faces Steep Revenue Decline
Company Announcements

Wai Hung Group Faces Steep Revenue Decline

Wai Hung Group Holdings Ltd. (HK:3321) has released an update.

Wai Hung Group Holdings Limited reported a significant downturn in their financial performance for the first half of 2024, with revenue plummeting by 89.5% and losses escalating by over 630% compared to the same period in 2023. The company’s basic loss per share has increased dramatically to MOP11.6 cents from MOP1.6 cents year-on-year, and the board has decided against issuing any interim dividend due to the financial strain.

For further insights into HK:3321 stock, check out TipRanks’ Stock Analysis page.

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