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Wan Kei Group Holdings Limited ( (HK:1718) ) has issued an update.
Wan Kei Group Holdings Limited, listed on the Hong Kong Stock Exchange, has issued a profit warning for the fiscal year ending March 31, 2025. The company anticipates a significant increase in net loss compared to the previous year, primarily due to higher selling, general, and administrative expenses as it expands its operations. Despite a reversal of impairment losses, the expected net loss is attributed to increased operational costs aimed at maintaining business stability and sustainability.
More about Wan Kei Group Holdings Limited
Average Trading Volume: 787,964
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$56.02M
For an in-depth examination of 1718 stock, go to TipRanks’ Overview page.