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The latest announcement is out from Win Hanverky Holdings Limited ( (HK:3322) ).
Win Hanverky Holdings Limited announced a voluntary update on its same store sales performance for the fourth quarter and full year of 2024, highlighting a decrease in same store sales by 4% in Q4 and 17% year-to-date. Despite this, the company’s overall revenue grew by 21% in Q4 and 7% year-to-date, driven by wholesale revenue from its newly introduced franchise store model, indicating a strategic shift in its operations.
More about Win Hanverky Holdings Limited
Win Hanverky Holdings Limited operates in the high-end fashion retailing industry, focusing on providing luxury fashion products through its direct operated offline stores. The company has been adjusting its market strategy, including entering into disposal agreements for certain brand operations and introducing a franchise store model.
YTD Price Performance: 0.0%
Average Trading Volume: 148,086
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$218.3M
For a thorough assessment of 3322 stock, go to TipRanks’ Stock Analysis page.