Wealthking Investments Sees Growth Amid Market Challenges

Wealthking Investments Limited (HK:1140) has released an update.

Wealthking Investments Limited has reported a solid performance for the six months ending September 2024, with a turnover increase to HK$249,745,000 compared to the previous year. Despite facing unrealized losses in both listed and unlisted investments, the company managed a profit before tax of HK$24,374,000, supported by gains from investment disposals and a boost from associates and joint ventures. The appointment of a new non-executive director is also expected to bring strategic insights to the company.

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