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Wan Kei Group Reports Increased Revenue but Rising Losses for FY2025

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Wan Kei Group Reports Increased Revenue but Rising Losses for FY2025

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

Wan Kei Group Holdings Limited reported its annual financial results for the year ended March 31, 2025, showing a revenue increase to HK$301.1 million from HK$288.7 million in the previous year. However, the company faced a significant increase in losses before tax, amounting to HK$51.9 million compared to HK$19.3 million the previous year, primarily due to higher general and administrative expenses. The board did not recommend a final dividend for the year, reflecting the financial challenges faced by the company.

More about Wan Kei Group Holdings Limited

Wan Kei Group Holdings Limited is a company incorporated in the Cayman Islands, operating primarily in the construction and engineering industry. The company is listed on the Stock Exchange of Hong Kong and focuses on providing foundation works and site formation services.

Average Trading Volume: 777,844

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$55.57M

Find detailed analytics on 1718 stock on TipRanks’ Stock Analysis page.

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