Wai Yuen Tong Medicine Holdings Limited (HK:0897) has released an update.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Wai Yuen Tong Medicine Holdings Limited anticipates a significant profit increase, projecting at least HK$20 million for the six months ending September 2024, compared to HK$3.5 million in the same period of 2023. This financial boost is attributed to fair value gains on investment properties and reversals of impairment losses. Investors are advised to stay cautious as the final results are yet to be confirmed.
For further insights into HK:0897 stock, check out TipRanks’ Stock Analysis page.