tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

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.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1