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Wison Engineering Projects a Financial Turnaround for 2024

Story Highlights

An update from Wison Engineering Services Co., Ltd. ( (HK:2236) ) is now available.

Wison Engineering Services Co., Ltd. has announced a positive profit alert, indicating a significant financial turnaround. For the year ending 31 December 2024, the company expects a net profit of at least RMB120 million, a stark contrast to the net loss of approximately RMB198.4 million in the previous year. This improvement is attributed to increased gross margins and enhanced productivity from various strategic measures. However, these figures are based on preliminary assessments and may be subject to adjustments.

More about Wison Engineering Services Co., Ltd.

Wison Engineering Services Co., Ltd., incorporated in the Cayman Islands, operates within the engineering services industry. The company is primarily focused on providing engineering, procurement, and construction management services, with a market presence in Hong Kong.

YTD Price Performance: 80.95%

Average Trading Volume: 4,356,192

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$1.51B

For detailed information about 2236 stock, go to TipRanks’ Stock Analysis page.

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