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WH Ireland Group PLC Strives for Recovery Amid Losses

WH Ireland Group PLC Strives for Recovery Amid Losses

WH Ireland Group plc (GB:WHI) has released an update.

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WH Ireland Group PLC reported a challenging financial year ending March 31, 2024, with revenue dropping to £21.5m and a statutory loss before tax of £5.9m, attributed to restructuring costs and reduced investment losses. Despite a tough market, the Group has completed the sale of its Capital Markets division, is refocusing on Wealth Management, and is aiming for a return to sustainable profitability through operational development and cost reduction initiatives.

For further insights into GB:WHI stock, check out TipRanks’ Stock Analysis page.

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