Wan Kei Group Narrows Losses, Skips Dividend

Wan Kei Group Holdings Limited (HK:1718) has released an update.

Wan Kei Group Holdings Limited reported a reduction in annual losses for the fiscal year ended March 31, 2024, with the loss before tax improving to HK$19.34 million from HK$46.06 million the previous year. Despite a decrease in revenue from HK$315.45 million to HK$288.65 million, the group’s cash and cash equivalents rose to HK$138.29 million. The board has decided not to issue a final dividend for the year.

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