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Wing On Co. International Ltd. ( (HK:0289) ) has provided an update.
Wing On Company International Limited reported a significant financial downturn for the year ending December 31, 2024, with a net loss of HK$923 million compared to a profit of HK$121 million in 2023. This decline was primarily due to a substantial net valuation loss on investment properties, impacting the company’s profitability and overall financial performance.
More about Wing On Co. International Ltd.
Wing On Company International Limited operates in the retail and property leasing sectors, focusing on department store sales and property leasing activities.
YTD Price Performance: -2.33%
Average Trading Volume: 15,295
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.39B
For detailed information about 0289 stock, go to TipRanks’ Stock Analysis page.