Winfair Investment Co. Reports Increased Annual Losses

Winfair Investment Co., Ltd. (HK:0287) has released an update.

Winfair Investment Company Limited reported a challenging fiscal year ending March 31, 2024, with a significant increase in losses compared to the previous year. The company’s revenue saw a marginal increase, but it was overshadowed by considerable fair value losses on investment properties and higher administrative and general expenses. Overall, the loss per share deepened from the prior year, reflecting a tougher year for the company and its shareholders.

For further insights into HK:0287 stock, check out TipRanks’ Stock Analysis page.