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Wanjia Group Holdings Reports Significant Reduction in Losses

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Wanjia Group Holdings Reports Significant Reduction in Losses

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Wanjia Group Holdings Ltd. ( (HK:0401) ) has issued an announcement.

Wanjia Group Holdings Limited has issued a supplemental announcement to its previous profit warning, highlighting a significant reduction in its losses by approximately 86% for the current period compared to the previous year. This improvement is primarily attributed to a reversal of provision in expected credit loss and the absence of impairment loss of goodwill. The company is still finalizing its annual results for the year ending 31 March 2025, with a full announcement expected on 20 June 2025. Shareholders and potential investors are advised to exercise caution when dealing with the company’s securities.

More about Wanjia Group Holdings Ltd.

Average Trading Volume: 314,571

Technical Sentiment Signal: Sell

Current Market Cap: HK$40.34M

Find detailed analytics on 0401 stock on TipRanks’ Stock Analysis page.

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