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Wanjia Group Holdings Ltd. Reports Significant Reduction in Losses Despite Refund Request

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Wanjia Group Holdings Ltd. Reports Significant Reduction in Losses Despite Refund Request

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An announcement from Wanjia Group Holdings Ltd. ( (HK:0401) ) is now available.

Wanjia Group Holdings Ltd. has issued a profit warning, indicating a significant reduction in losses for the year ending March 31, 2025, compared to the previous year. The anticipated loss of HK$5.80 million is primarily due to a refund request from the Guangdong Province medical security bureau for excessive charges related to hemodialysis treatments between 2021 and 2024. Despite this, the company’s operations remain compliant with regulations, and additional staff have been deployed to ensure adherence to rules. The company’s annual results are expected to be published on June 20, 2025.

More about Wanjia Group Holdings Ltd.

Wanjia Group Holdings Ltd. operates in the healthcare industry, focusing on providing hemodialysis treatment services through its centers. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 336,013

Technical Sentiment Signal: Sell

Current Market Cap: HK$39.22M

For detailed information about 0401 stock, go to TipRanks’ Stock Analysis page.

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